{"id":2478,"date":"2026-06-20T09:08:00","date_gmt":"2026-06-20T09:08:00","guid":{"rendered":"https:\/\/reliablemovingcrews.com\/?p=2478"},"modified":"2026-06-20T09:08:00","modified_gmt":"2026-06-20T09:08:00","slug":"evonik-to-cut-3200-jobs-by-2029-in-extended-restructuring-push","status":"publish","type":"post","link":"https:\/\/reliablemovingcrews.com\/?p=2478","title":{"rendered":"Evonik to cut 3,200 jobs by 2029 in extended restructuring push"},"content":{"rendered":"
\n
June 18 (Reuters) – Evonik Industries (EVKn.DE)<\/svg>, opens new tab<\/span> said on Thursday it would \u200ccut 3,200 jobs worldwide between 2027 and 2029, most of them in the chemicals group’s home market of Germany, in an extension \u200bto its cost-cutting drive that was set to \u200bend this year.<\/div>\n
Evonik, which will have slashed some 2,800 \u2060jobs under the programme by the end of 2026, \u200bsaid the new cuts would include 2,150 positions in Germany, \u200bas margins remain under pressure from growing competition and a weak economy.<\/div>\n
The company’s shares fell 3% by 0919 GMT.<\/div>\n
“The global political situation remains \u200buncertain, and economic growth is persistently weak,” CEO Christian \u200bKullmann said in a statement.<\/div>\n
Evonik also plans to discontinue its global polyester \u200cbusiness \u2060in 2027, which will affect about 350 positions at its German sites in Witten and Marl and the Chinese one in Shanghai.<\/div>\n
“Global competitive pressure, structural disadvantages in Europe, and \u200bdeclining market \u200bdynamics mean that \u2060none of the alternatives examined would have been economically viable for Evonik in the \u200blong term,” executive board member Lauren Kjeldsen, who \u200bis \u2060responsible for the unit, said in the statement.<\/div>\n
Germany’s Ifo Institute for Economic Research has repeatedly warned that high energy costs, supply \u2060chain \u200bissues and an overall struggling economy \u200bwould push chemical makers to scale back production and implement further job cuts.<\/div>\n<\/div>\n

Read more Ambani\u2019s Jio Platforms files for $3.8 billion IPO that could be India\u2019s biggest, sources say<\/a><\/p>\n

Read more Japan to target $2.3 trillion public-private investment by 2040, Nikkei reports<\/a><\/p>\n

Read more Zelenskiy says Belarus should remove equipment used in attacks on Ukraine in one week<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Evonik Industries said on Thursday it would \u200ccut 3,200 jobs worldwide between 2027 and 2029, most of them in the chemicals group’s home market of Germany, in an extension \u200bto its cost-cutting drive that was set to \u200bend this year.<\/p>\n","protected":false},"author":1,"featured_media":2477,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[84],"class_list":["post-2478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-business"],"yoast_head":"\nEvonik to cut 3,200 jobs by 2029 in extended restructuring push - Reliable Moving Crews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reliablemovingcrews.com\/?p=2478\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Evonik to cut 3,200 jobs by 2029 in extended restructuring push - Reliable Moving Crews\" \/>\n<meta property=\"og:description\" content=\"Evonik Industries said on Thursday it would \u200ccut 3,200 jobs worldwide between 2027 and 2029, most of them in the chemicals group's home market of Germany, in an extension \u200bto its cost-cutting drive that was set to \u200bend this year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reliablemovingcrews.com\/?p=2478\" \/>\n<meta property=\"og:site_name\" content=\"Reliable Moving Crews\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-20T09:08:00+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/#\\\/schema\\\/person\\\/34f02a869ba60b78ae3d994f205e0d24\"},\"headline\":\"Evonik to cut 3,200 jobs by 2029 in extended restructuring push\",\"datePublished\":\"2026-06-20T09:08:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478\"},\"wordCount\":269,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/reliablemovingcrews.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/f5d4ff93d997e9eb18748007f7bc2c9a.avif\",\"keywords\":[\"Business\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478\",\"url\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478\",\"name\":\"Evonik to cut 3,200 jobs by 2029 in extended restructuring push - Reliable Moving Crews\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/reliablemovingcrews.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/f5d4ff93d997e9eb18748007f7bc2c9a.avif\",\"datePublished\":\"2026-06-20T09:08:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/#\\\/schema\\\/person\\\/34f02a869ba60b78ae3d994f205e0d24\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478#primaryimage\",\"url\":\"https:\\\/\\\/reliablemovingcrews.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/f5d4ff93d997e9eb18748007f7bc2c9a.avif\",\"contentUrl\":\"https:\\\/\\\/reliablemovingcrews.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/f5d4ff93d997e9eb18748007f7bc2c9a.avif\",\"width\":1920,\"height\":1005},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?p=2478#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/reliablemovingcrews.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Evonik to cut 3,200 jobs by 2029 in extended restructuring push\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/#website\",\"url\":\"https:\\\/\\\/reliablemovingcrews.com\\\/\",\"name\":\"Reliable Moving Crews\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/reliablemovingcrews.com\\\/#\\\/schema\\\/person\\\/34f02a869ba60b78ae3d994f205e0d24\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/reliablemovingcrews.com\"],\"url\":\"https:\\\/\\\/reliablemovingcrews.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Evonik to cut 3,200 jobs by 2029 in extended restructuring push - Reliable Moving Crews","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/reliablemovingcrews.com\/?p=2478","og_locale":"en_US","og_type":"article","og_title":"Evonik to cut 3,200 jobs by 2029 in extended restructuring push - Reliable Moving Crews","og_description":"Evonik Industries said on Thursday it would \u200ccut 3,200 jobs worldwide between 2027 and 2029, most of them in the chemicals group's home market of Germany, in an extension \u200bto its cost-cutting drive that was set to \u200bend this year.","og_url":"https:\/\/reliablemovingcrews.com\/?p=2478","og_site_name":"Reliable Moving Crews","article_published_time":"2026-06-20T09:08:00+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/reliablemovingcrews.com\/?p=2478#article","isPartOf":{"@id":"https:\/\/reliablemovingcrews.com\/?p=2478"},"author":{"name":"admin","@id":"https:\/\/reliablemovingcrews.com\/#\/schema\/person\/34f02a869ba60b78ae3d994f205e0d24"},"headline":"Evonik to cut 3,200 jobs by 2029 in extended restructuring push","datePublished":"2026-06-20T09:08:00+00:00","mainEntityOfPage":{"@id":"https:\/\/reliablemovingcrews.com\/?p=2478"},"wordCount":269,"commentCount":0,"image":{"@id":"https:\/\/reliablemovingcrews.com\/?p=2478#primaryimage"},"thumbnailUrl":"https:\/\/reliablemovingcrews.com\/wp-content\/uploads\/2026\/06\/f5d4ff93d997e9eb18748007f7bc2c9a.avif","keywords":["Business"],"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/reliablemovingcrews.com\/?p=2478#respond"]}]},{"@type":"WebPage","@id":"https:\/\/reliablemovingcrews.com\/?p=2478","url":"https:\/\/reliablemovingcrews.com\/?p=2478","name":"Evonik to cut 3,200 jobs by 2029 in extended restructuring push - Reliable Moving Crews","isPartOf":{"@id":"https:\/\/reliablemovingcrews.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/reliablemovingcrews.com\/?p=2478#primaryimage"},"image":{"@id":"https:\/\/reliablemovingcrews.com\/?p=2478#primaryimage"},"thumbnailUrl":"https:\/\/reliablemovingcrews.com\/wp-content\/uploads\/2026\/06\/f5d4ff93d997e9eb18748007f7bc2c9a.avif","datePublished":"2026-06-20T09:08:00+00:00","author":{"@id":"https:\/\/reliablemovingcrews.com\/#\/schema\/person\/34f02a869ba60b78ae3d994f205e0d24"},"breadcrumb":{"@id":"https:\/\/reliablemovingcrews.com\/?p=2478#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/reliablemovingcrews.com\/?p=2478"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/reliablemovingcrews.com\/?p=2478#primaryimage","url":"https:\/\/reliablemovingcrews.com\/wp-content\/uploads\/2026\/06\/f5d4ff93d997e9eb18748007f7bc2c9a.avif","contentUrl":"https:\/\/reliablemovingcrews.com\/wp-content\/uploads\/2026\/06\/f5d4ff93d997e9eb18748007f7bc2c9a.avif","width":1920,"height":1005},{"@type":"BreadcrumbList","@id":"https:\/\/reliablemovingcrews.com\/?p=2478#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/reliablemovingcrews.com\/"},{"@type":"ListItem","position":2,"name":"Evonik to cut 3,200 jobs by 2029 in extended restructuring push"}]},{"@type":"WebSite","@id":"https:\/\/reliablemovingcrews.com\/#website","url":"https:\/\/reliablemovingcrews.com\/","name":"Reliable Moving Crews","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/reliablemovingcrews.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/reliablemovingcrews.com\/#\/schema\/person\/34f02a869ba60b78ae3d994f205e0d24","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/reliablemovingcrews.com"],"url":"https:\/\/reliablemovingcrews.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/reliablemovingcrews.com\/index.php?rest_route=\/wp\/v2\/posts\/2478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reliablemovingcrews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reliablemovingcrews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reliablemovingcrews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/reliablemovingcrews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2478"}],"version-history":[{"count":0,"href":"https:\/\/reliablemovingcrews.com\/index.php?rest_route=\/wp\/v2\/posts\/2478\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reliablemovingcrews.com\/index.php?rest_route=\/wp\/v2\/media\/2477"}],"wp:attachment":[{"href":"https:\/\/reliablemovingcrews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reliablemovingcrews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reliablemovingcrews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}