Wacker Chemie 1,500 job cuts: PACE plan targets 300 million euro savings by 2027
Wacker Chemie 1,500 job cuts are part of a multi-year cost-saving initiative, with most reductions in Germany as the company targets €300 million in annual savings. The phased layoffs, set for 2026–2027, respond to high energy prices, bureaucracy, and global competition, aiming to restore competitiveness.