Henkel to cut 1,200 adhesives jobs

FRANKFURT — Henkel announced Thursday plans to cut 1,200 jobs in its adhesives division as part of the company’s efforts to trim costs. The German manufacturer missed sales expectations in the second quarter, largely owing to a slower demand for adhesives in North America and China. Originally slated to take place by the end of 2016, the layoffs will be moved up to March. Henkel’s adhesives division includes the Loctite and Pattex brands.

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