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Evonik plans to cut 3,200 jobs
Evonik, the German chemicals company, announced its plan to eliminate 3,200 jobs, approximately 10% of its workforce, by 2029. This move comes amid deteriorating industry conditions caused by rising energy prices and slowing global economic growth. The layoffs will affect the company's branches in Europe and around the world, including 2,150 positions in Germany, as part of efforts to restructure the company and address the current crisis.
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