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Danish Firm to Cut 200 Jobs Due to Anti-Iran Sanctions

Danish Firm to Cut 200 Jobs Due to Anti-Iran Sanctions Danish Firm to Cut 200 Jobs Due to Anti-Iran Sanctions

Danish engineering company Haldor Topsoe, one of the world’s leading industrial catalyst producers, said on Wednesday it would cut around 200 jobs from its workforce of 2,700 due to new US sanctions on Iran. Companies doing business with Iran will be barred from the United States, President Donald Trump said on Tuesday, as new US sanctions took effect despite pleas from Washington’s allies. 

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