Syensqo: Streamlining for Sustainable Growth

Syensqo, the science company spun off from Solvay in late 2023, is taking proactive measures to adapt its organization and focus on growth opportunities. The company aims to accelerate time to market, improve returns, and position itself for long-term success. This article delves into Syensqo's efficiency measures, their expected impact, and the company's commitment to respecting employees during the transition.

Syensqo's strategic plan involves a two-pronged approach: reducing its workforce by approximately 300 to 350 positions and investing in digital infrastructure. The workforce reduction, primarily affecting France, the United States, Belgium, and Italy, is part of a comprehensive review of the company's structure and projects. This move aims to focus on growth opportunities and improve Syensqo's returns profile, consistent with its mid-term financial targets.


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 by the end of 2025, these efforts will result in the creation of hundreds of new jobs in information technology, system infrastructure, and business intelligence.

Syensqo's CEO, Dr. Ilham Kadri, emphasized the company's commitment to respecting employees during this transition. "Any decision that may affect our people is never taken lightly and we intend to act with the utmost respect for the employees who may be impacted by this announcement, guided by the principles of dignity and empathy."


To measure the success of these efficiency measures, Syensqo will track key performance indicators (KPIs) such as time to market (TTM), operational efficiency, employee productivity, customer satisfaction (CSAT), and financial performance. Improvements in these areas will indicate successful cost-cutting and growth initiatives.

Syensqo's proposed reduction of 300-350 positions, while impacting its workforce, is part of a strategic plan to adapt to evolving customer needs and focus on growth opportunities. The company's commitment to maintaining innovation and customer satisfaction, coupled with its investment in digital infrastructure, positions Syensqo for long-term success.

In conclusion, Syensqo's efficiency measures are a strategic response to the evolving needs of its customers and the macroeconomic environment. By focusing on growth opportunities, improving returns, and investing in digital capabilities, Syensqo is positioning itself for sustainable growth while respecting its employees during the transition. As an investor, monitoring Syensqo's progress in implementing these measures and tracking the KPIs will be crucial in assessing the company's long-term prospects.