.
◼ Global concept to bundle service offerings for units in BASF Group
◼ Headcount in Global Business Services will decline by up to 2,000 worldwide by end of 2022
◼ Expected annual cost savings of over €200 million from 2023 as a contribution to BASF Group’s efficiency
BASF’s Global Business Services unit is being further developed. The division was established as of January 1, 2020, as part of the implementation of BASF’s corporate strategy. As of that date, around 8,400 employees worldwide transferred to Global Business Services and since then have been providing services for BASF’s business units, ranging from financial and
◼ Global concept to bundle service offerings for units in BASF Group
◼ Headcount in Global Business Services will decline by up to 2,000 worldwide by end of 2022
◼ Expected annual cost savings of over €200 million from 2023 as a contribution to BASF Group’s efficiency
BASF’s Global Business Services unit is being further developed. The division was established as of January 1, 2020, as part of the implementation of BASF’s corporate strategy. As of that date, around 8,400 employees worldwide transferred to Global Business Services and since then have been providing services for BASF’s business units, ranging from financial and
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