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Investing.com -- Agfa-Gevaert announced additional restructuring measures due to a sharper-than-expected decline in global traditional film markets. The company informed Belgian social partners about the expanded plan during an Extraordinary Works Council.
The new measures expand upon the restructuring plan first announced in November 2024 and accelerate the execution of the original action. These additional steps are scheduled for implementation during 2026-2027 and could affect up to 145 positions in Belgium.
CEO Pascal Juéry stated that these actions are necessary to protect the company’s future. He emphasized the importance of constructive social dialogue throughout the process and noted the company’s commitment to limiting the period of uncertainty for affected employees.
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