DSM to Cut 1,000 Jobs to Meet Profit Goals
Royal DSM NV, the world’s largest maker of vitamins, will cut 1,000 jobs across Europe as Chief Executive Officer Feike Sijbesma strives to meet profit goals.
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38:04 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Rick Lacaille, global chief investment officer at State Street Global Advisors, Russ Shaw, founder at Tech London Advocates, Sebastian Mallaby, senior fellow at Council on Foreign Relations, Peter Schaffrik, global macro strategist at RBC Europe Limited, Bundesbank Executive Board Member Andreas Dombret, Joseph Quinlan, head of market and thematic strategy at U.S. Trust. (Source: Bloomberg)