Albemarle Layoffs 2024: What to Know About the Latest ALB Job Cuts

Albemarle (NYSE:ALB) layoffs are reportedly coming for the largest lithium producer in the world as it deals with falling prices for the metals used in electric vehicles (EVs).These layoffs have Albermarle cutting 300 employees, which represents roughly 4% of its total workforce. The headcount reductions affect its legal, mergers and acquisitions, marketing, materials sciences, research and development, as well as its recycling departments.It’s still unclear when these Albemarle layoffs will take place. How ...