PPG said Friday that it's cutting about 1,700 jobs worldwide, or about 3.6 percent of its 47,000 workers worldwide. Without specifying, the Pittsburgh-based company said the cuts will focus on operations and markets where "business conditions are weakest." Spokesman Mark Silvey did not say how many local employees will lose their jobs. "PPG anticipates minimal impact to positions in the Pittsburgh region, and restructuring actions are not related to the company's naming rights for PPG Paints Arena," he said. ___ Related: Allegheny County's 50 largest employers ___ "PPG continues to invest and grow its workforce in parts of the company that continue to exhibit growth potential. As we continue to be committed to investing in building our brand, PPG Paints Arena offers us a unique platform to showcase our paint and coatings products that help protect and beautify the world. As such, PPG remains fully committed to the partnership with the Pittsburgh Penguins and the long-term naming rights agreement that was launched earlier this fall." In October, PPG announced it was paying to have its name featured on the former Consol Energy Center. Related: PPG and Penguins announce deal for arena naming rights PPG reported a third-quarter loss of $201 million, or 75 cents per share, in October and promised to review cost-cutting options. The company plans to take a pretax charge of $190 million to $200 million when it reports year-end earnings in January. The company's chairman and chief executive, Michael McGarry, said the cuts are fueled by "continued slow overall growth in global demand."

PPG said Friday that it's cutting about 1,700 jobs worldwide, or about 3.6 percent of its 47,000 workers worldwide.

Without specifying, the Pittsburgh-based company said the cuts will focus on operations and markets where "business conditions are weakest."

Spokesman Mark Silvey did not say how many local employees will lose their jobs.

"PPG anticipates minimal impact to positions in the Pittsburgh region, and restructuring actions are not related to the company's naming rights for PPG Paints Arena," he said.

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Related: Allegheny County's 50 largest employers

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"PPG continues to invest and grow its workforce in parts of the company that continue to exhibit growth potential. As we continue to be committed to investing in building our brand, PPG Paints Arena offers us a unique platform to showcase our paint and coatings products that help protect and beautify the world. As such, PPG remains fully committed to the partnership with the Pittsburgh Penguins and the long-term naming rights agreement that was launched earlier this fall."

In October, PPG announced it was paying to have its name featured on the former Consol Energy Center.

Related: PPG and Penguins announce deal for arena naming rights

PPG reported a third-quarter loss of $201 million, or 75 cents per share, in October and promised to review cost-cutting options.

The company plans to take a pretax charge of $190 million to $200 million when it reports year-end earnings in January.

The company's chairman and chief executive, Michael McGarry, said the cuts are fueled by "continued slow overall growth in global demand."