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Evonik shares rise 3% after restructuring plan targets 3,200 job cuts

Verifying
  • Evonik announced a restructuring targeting 3,200 job cuts and new growth investments
  • 3,200 jobs, including about 2,150 in Germany, are targeted for elimination
  • Evonik’s second programme phase runs from 2027 to 2029 after the 2024-2026 phase
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