Zurich, May 21, 2025 (AFP) - Carbon capture pioneer Climeworks lays off one fifth of staff

NAMPA / AFP

2025-05-21

Swiss company Climeworks, which has pioneered the direct capture of CO2 using huge industrial fans in Iceland, said Wednesday it would lay off 106 jobs, about one fifth of its staff, amid uncertainty over investment in green technology. "After a phase of strong growth, Climeworks is proactively adapting its organization to maintain agility and efficiency. We will reduce up to 106 positions globally, of which 78 in Switzerland," the company announ......

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