German chemical company Evonik plans to eliminate more than 2,000 positions in Germany as part of a broader restructuring effort. The company has been facing significant challenges and a prolonged period of financial difficulty. These job cuts will also occur internationally, though the full global impact remains unspecified. Evonik has stated it intends to avoid compulsory redundancies, suggesting measures like natural attrition and voluntary severance packages will be prioritized. The restructuring aims to improve the company’s competitiveness and address its ongoing financial crisis. Details regarding which specific divisions will be most affected have not yet been released. This move reflects wider pressures within the chemical industry, facing economic headwinds and shifting market demands.