Dupont announce 2,500 job cuts

DuPont Co will announce Monday that it is cutting at least 2,500 jobs as part of a plan to reduce costs by about $900 million over the next two years, the Philadelphia Inquirer reported, citing local union leaders.

About 450 union and non-union jobs are expected to be cut at the company’s Marshall Laboratory in the Grays Ferry section of Philadelphia, which develops automotive coatings and inks, the Inquirer reported.

The job cuts are part of a plan to lower costs through firings, streamlining product lines and making organizational improvements, the Inquirer said.