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Holcim axes 3,300 jobs worldwide

One of the world's largest suppliers of cement, Holcim, has announced it is cutting 3,300 jobs from its global workforce.

The firm, which has its company headquarters in Zurich, said it needed to make economies as a result of the global financial crisis.

Two-thirds of the cuts – 2,000 posts - will be in the United States where Holcim is closing 67 factories.

In Spain, Holcim is shutting 24 sites and cutting 450 jobs. Another 20 factories and 600 jobs will go in the Britain and in Thailand 280 posts will be lost when one plant shuts down.

The group employs around 90,000 people on sites in more than 70 countries.

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