US EditionLenzing AG Refines Strategy And Strengthens Competitiveness For A Challenging Environment
4 Articles
4 Articles
The savings program of the Upper Austrian fiber manufacturer has even greater dimensions than feared. A protest action by the works council on Monday did not help for the time being. Meanwhile, Lenzing's board member Georg Kasperkovitz explains the reasons for the cuts in the "Krone" conversation – at the same time, job cuts are also being invested.
Lenzing AG Refines Strategy And Strengthens Competitiveness For A Challenging Environment
LENZING, Austria — September 29, 2025 — Lenzing AG, a provider of regenerated cellulosic fibers, refined its strategy to strengthen its global positioning and competitiveness. With this step, the company responds to the ongoing challenges in the global textile and nonwovens markets as well as geopolitical changes. Cornerstones of the refined strategy include focusing on high-performance fibers, enhancing operational efficiency and asset footprin…
LENZING. Resolution at company meeting - Board relocates jobs and modernizes factories
Lenzing wants to remove around 600 jobs at its headquarters. Overall, Austria's industry is already dismantling jobs for 29 months in a row – and further jobs will follow
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