Clariant to slash 600 jobs as 2019 profit plunges and outlook dims

ZURICH (Reuters) - Clariant will cut up to 600 jobs to save money after 2019 profit plunged and as the Swiss speciality chemicals maker foresees a sluggish economic environment continuing to dent demand for its products.Net profit fell to 38 million Swiss francs (30 million pounds), from 356 million francs in 2018, Clariant said on Wednesday, as it set aside cash to cover an EU competition probe, on weaker performance in its discontinued operations and due to higher taxes. Sales fell slightly..