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Christian Kullmann

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Evonik announces additional layoffs amid ongoing restructuring efforts

Evonik is implementing another round of layoffs, affecting around 260 employees, as part of a broader restructuring plan that could lead to up to 2,000 job cuts. The company is reevaluating its keto and pharma amino acid production sites in France and China while ceasing keto acid manufacturing in Hanau, Germany, by the end of 2025. This reorganization aims to transform Evonik into a "system solutions provider" focused on advanced pharmaceutical ingredients and innovative healthcare solutions.
Fierce Pharma
Euro Evonik Industries AG FRA DEU CHN Thomas Wessel Christian Kullmann Show more
Finance & Economy, News Article
09:00 14.10.2024
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