Eastman Job Cuts

Eastman CEO Mark Costa says a day after announcing 2022 earnings, Eastman Chemical Company has confirmed that 2023 cost reductions will include a reduction of about 3% in the company’s workforce. The coming changes, shared with employees Jan. 12, is likely to affect employees in non-manufacturing and exempt (salaried) jobs more than manufacturing and will be spread all across the global company’s footprint.