German chemical firm Wacker announced plans to cut approximately 1,600 jobs in Germany by the end of 2027. This move is part of a global cost-reduction strategy aiming to save over €300 million annual
Elkem plans to reduce its workforce by 300 employees in 2026 as part of a corporate reorganization targeting $130 million in working capital expenditure improvements.
Dow plans to cut 4,500 jobs under a $2 billion AI-driven streamlining program while advancing its Canadian low-carbon ethylene cracker project. The chemical giant reported a 7% sales drop and a $657 m
Wacker plans to eliminate 1,500 jobs by 2027 as part of a cost-saving initiative targeting €300 million annually. Implementation begins in Q1 2026.
Sika announced plans to cut 1,500 jobs and lower margin guidance due to shrinking construction markets, particularly in China, while confirming revenue guidance despite declining nine-month sales.
ChemBrief