Evonik to cut a further 3200 jobs by 2029

By Phillip Broadwith2026-06-22T14:04:00

Red traffic light in front of Evonik flag and factory

Source: © Ying Tang/NurPhoto/Getty Images

Most cuts will be in Germany, adding to the firm’s 2800 jobs shed between 2023 and 2026

Speciality chemicals manufacturer Evonik plans to cut 3200 jobs between 2027 and 2029, including 2150 from its operations in Germany.

Evonik will discontinue its global polyester business – closing its site in Witten, Germany, which employs 266 people, alongside 45 associated job cuts in Marl, Germany, and 35 in Shanghhai, China. Evonik says the unit has not been profitable for several years.