iReport.com is a user-generated site. That means the stories submitted by users are not edited, fact-checked or screened before they post. Only stories marked "On CNN" have been vetted for use in CNN news coverage. Learn more »
 close
iReport: Unedited. Unfiltered. News. 		Upload Now!
iReports
iReporters
Blog
Map
Home > iReports > Story
Eastman Chemical Cuts Jobs...
Click to view QueryIt's profile Posted by: QueryIt // 1 month ago // viewed 8 times
embed media

The economic slowdown continues to take its toll on East Tennessee businesses.
Eastman Chemical Co. said Monday it was cutting 40 headquarters jobs, and the Tennessee Department of Labor and Workforce Development reported that six other area companies have or plan to slash a total of 126 jobs.
Eastman said it plans to eliminate the jobs by the end of the year as it restructures and keeps its budget at current levels.
Company spokeswoman Betty Payne says about 40 positions in nonoperation departments will be cut. Some jobs will be consolidated, while some others will be eliminated through attrition.
Eastman employs 10,500 worldwide in the manufacturing and marketing of chemicals, fibers and plastics.
Tags: sound_off, comment, opinion
In response to assignment: Sound Off
Average Rating (0)
E-mail to a friendE-mail this story | Share
Log in to report violation
Log in to Comment Comments