Thursday, January 15, 2009

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Ecolab announces 1,000 job cuts

Ecolab Inc. on Wednesday followed the beat of the drum of other large U.S. companies, announcing a large round of job cuts due to economic conditions.

St. Paul-based Ecolab (NYSE: ECL) said it’s restructuring its businesses and will cut 1,000 positions, or 4 percent of its 26,000 person workforce. It isn’t clear yet how many of the cuts are in Minnesota.

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