May 20, 2015 / 5:28 AM / in 3 years

Holcim says plans 120 job cuts ahead of merger with Lafarge

FRANKFURT (Reuters) - Swiss cement maker Holcim HOLN.VX said on Wednesday it would cut 120 jobs in Switzerland, ahead of its merger with French peer Lafarge LAFP.PA.

A man walks past the logos of Swiss cement maker Holcim in front of the company's headquarters in Zurich February 23, 2015. REUTERS/Arnd Wiegmann

Lafarge said on Tuesday it plans to cut 380 jobs.

Lafarge and Holcim have agreed to merge to create the world’s biggest cement maker.

Reporting by Kirsti Knolle; Editing by Miral Fahmy

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