Solvay in Belgium to eliminate 140 positions at two locations in Germany
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 18 2025
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Should l Buy ?
Source: Reuters
Job Cuts and Restructuring: Solvay plans to cut 140 jobs across two sites in Germany as part of a consolidation strategy, with 100 jobs eliminated at the Bad Wimpfen site and 40 at the Garbsen site, which will cease operations by 2028.
Financial Investment: The company will invest 25 million euros in restructuring expenses and strategic investments through 2026 to enhance its long-term competitiveness in Germany, following the closure of its Salindres site in France.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
