SolvayHQ

Solvay to cut 600 jobs, relocate French operation as part of restructuring

Belgian speciality chemicals company Solvay SA is launching a major restructuring which will see 600 job cuts and the relocation of its French operation into Lyon.

The Brussels-based company said 29 March that the move was as part of an ongoing effort to streamline its organisation and upgrade its innovation capabilities.

As part of the measure, Solvay said it will simplify processes and tasks to focus teams on customers.

The company did not elaborate on how the simplification would be implemented but said it would maintain its decentralised model,…

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