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Syensqo announced plans to adapt its organization to better meet the evolving needs of its customers and focus on projects that will accelerate growth. Following its split from Solvay at the end of 2023, the company has undertaken a comprehensive review of its structure and projects, to focus on growth opportunities and improve returns profile, consistent with its mid-term financial targets. As a result, the company is opening consultation processes, which include a proposed reduction of approximately 300 to 350 positions, primarily in France, the United States, Belgium and Italy.
In parallel, Syensqo is advancing other initiatives to support its growth strategy. This includes the development of a world-class digital infrastructure to bring new levels of efficiency and agility across its operations, as Syensqo prepares to fully separate its business support systems from Solvay, as planned, by the end of 2025.
