# PPG announces cost reduction program with 1,800 job cuts and facility closures

PPG announced a multi-year cost reduction program targeting structural costs in Europe and other global businesses, including facility closures and about 1,800 position reductions, primarily in Europe and the U.S. The program is expected to save $175 million annually.

- Type: Closure
- Announced: 2024-10-17
- Jobs: -1,800
- Status: announced
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [PPG](https://endata.com/companies/1215.md)

## Sources

- [investor.ppg.com](https://investor.ppg.com/news/news-details/2024/PPG-reaches-agreement-to-sell-architectural-coatings-U.S.-and-Canada-business-to-American-Industrial-Partners-announces-comprehensive-cost-reduction-program/default.aspx), 2024-10-17: "The program includes various facility closures and other targeted fixed costs. ... In total, PPG expects the cost reduction program to impact about 1,800 positions"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.