WACKER Begins Efficiency Program to Increase Competitiveness and Profitability
Munich, February 20, 2020 – Today, Wacker Chemie AG announced its initial plans for its “Zukunft gestalten” (Shape the Future) efficiency program. WACKER expects to save €250 million a year by reducing material costs and in-house services and by creating a leaner com-pany structure. The program’s central task is to realign WACKER’s organizational structure clearly with customer requirements and, thus, support the Group’s profitable growth.As a result, more than 1,000 jobs are expected to go by the end of 2022. The job cuts will affect WACKER’s administrative departments and the indirect,