Dulux maker Akzo Nobel plans to cut 2,000 jobs globally

Akzo Nobel plans to cut more than 5% of its workforce as part of efforts to reduce costs

In May, the company confirmed it would shut its paint manufacturing business on Cork’s Commons Road by the end of this year with the loss of 45 jobs. Picture: Jim Coughlan.

Dulux paint maker Akzo Nobel plans to cut about 2,000 jobs globally, more than 5% of its workforce, as part of its efforts to reduce costs, targeting positions in its head offices, the Dutch company said on Tuesday.

"We will be simplifying our structure, our processes, reducing cost of administrative functions," Akzo Nobel's senior spokesperson told Reuters, with positions in finance or global business services at the head offices to be affected.