“The planned measures are essential for ensuring the success of our company in the long term,” said Markus Heinz, CEO of the Ivoclar Group since March 2023. “We have an obligation to act in the face of this extremely difficult currency situation, the unfavourable geopolitical and economic developments, and the associated costs that have risen disproportionately,” he explained.

As a result, Ivoclar will consistently focus on its strategic priorities and core competencies. This focus will go hand in hand with a comprehensive cost reduction programme, which will include workforce reductions at different Ivoclar locations.

Globally, around 240 employees will be affected by the cutback in staff. According to the corporate management, the company will strive to provide the best possible personalised support to employees affected by the staff reductions. A redundancy scheme is already in place.

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