In the 12 months since the merger of Dragoco and Haarmann and Reimer to form Symrise, the company has merged processes in administration and production. More than 200 Symrise employees have been working on the analysis and optimization of the central business processes since the beginning of the year.
“Our analysis has revealed that it is possible to further standardize the processes in all regions, despite regional differences, to increase consistency and efficiency,” said James D. Forman, the company’s chief executive officer. “This can significantly reduce processing time and improve our customer service.”
The planned measures are expected to eliminate about 420-500 jobs globally. The headquarters located in Holzminden will also be affected, executives said.
In an effort to optimize internal distribution of production locations, facilities in Germany and North America may be moved to lower-wage companies, executives added. This step has not yet been finalized.
Symrise was formed by the merger of Haarmann & Reimer and Dragoco last year. With a market share of 9% according to company executives, the company is in the Top 4 in the international fragrance and flavor additives industry.
“Today, it is essential for a global supplier of fragrances and flavors for the perfume, cosmetics and food industry to strengthen its competitiveness by optimizing its cost structure in the long term,” said Mr. Forman. “As with many other globally active enterprises, this can lead to a relocation of production jobs abroad. However, it is exactly these measures that will secure the jobs of many highly-skilled employees in the medium term.”