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Expected Layoffs by Chemours Company

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There will be layoffs by Chemours Company as it cuts more than $350 million in spending by 2017.

But the Wilmington News Journal reports that the firm would not provide any more details.

DuPont cut the Wilmington-based company loose last July.

It employs around 700 workers in the First State.

The News Journal reports that most of those are located in the Wilmington headquarters with another 20 in Red Lion.

In addition, the company is looking to up its profits with a review of its chemical solutions business. 

Don Rush is the News Director and Senior Producer of News and Public Affairs at Delmarva Public Media. An award-winning journalist, Don reports major local issues of the day, from sea level rise, to urban development, to the changing demographics of Delmarva.