On October 29th, according to Reuters, specialty chemical group Wacker Chemie stated that it is preparing to lay off employees globally and take further measures to cut costs in the face of a severe business environment. Since early October, a project team at Wacker has been developing multiple initiatives under the name "PACE", focusing on growth, cash flow, and cost control. The first batch of measures is expected to be implemented in the first quarter of 2026. At present, measures related to cash flow and cost management have been integrated. At present, the scale of layoffs cannot be determined, and the management has begun negotiations with employee representatives. In terms of performance, the sales revenue for the third quarter of 2025 was 1.34 billion euros, a year-on-year decrease of 6% and a month on month decrease of 5%; EBITDA was 112 million euros, a year-on-year decrease of 23% and a month on month decrease of 2%; The EBIT decreased significantly year-on-year to 20 million euros, and the net loss for this quarter was -82 million euros (Q3 2024: 34 million euros). Prior to this, in July of this year, Wacker Chemie announced a strategic layoff plan that would affect approximately 90 out of nearly 650 employees at its Charleston, Tennessee production site in the United States.