Overview
- Management targets €300 million in yearly savings, with roughly half to come from personnel reductions and measures scheduled to conclude by end-2027.
- Wacker reported a net loss of about €105 million for the first nine months of the year as it seeks to restore cost competitiveness.
- The largest share of the reductions is slated for Germany, where roughly 10,700 of the group’s 16,600 employees are based.
- Site-level details have not been disclosed, leaving uncertainty at major locations including Burghausen and Nünchritz.
- CEO Christian Hartel cited high domestic energy prices and bureaucracy as key burdens for the energy‑intensive producer, while industry leaders urged reforms and the share price rose modestly on the plan.