LONDON (ICIS)–Wacker Chemie is to cut more than 1,500 jobs worldwide as part of a €300 million per year cost-saving target, it said on Thursday.
Most of the job cuts will be at the group’s sites in Germany as the company aims to make significant savings in production and administration.
The project, which was launched in October under the name of PACE, will start in the first quarter of 2026 and is expected to be completed by the end of 2027.
Published by: www.icis.com
Graeme Paterson
27-Nov-2025
