Climeworks Is Cutting 22% of Staff as US Climate Backlash Hits Carbon Removal

The Swiss company, a pioneer in the aspiration of carbon dioxide into the air, is going through a bad time: its technology is being questioned and it has announced that it has been forced to reduce its workforce.

Carbon Removal Startup Climeworks Is Cutting 22% of Staff As US Climate Backlash Hits Carbon Removal Industry

Bloomberg News Climeworks AG is laying off 106 people, as startups that aim to reverse global warming face a reckoning with the US government slashing climate incentives and programs. The Swiss sta…

How carbon removal pioneer Climeworks is tackling its first major layoff

Scientists are clear that meeting climate goals means ending carbon pollution and drawing down excess CO2 from the air. That’s why carbon-removal technologies have proliferated over the past decade. But with the US government slashing climate incentives and programs, some companies are being forced to cut costs. This week Akshat Rathi speaks with Jan Wurzbacher, co-founder of Climeworks, a startup that pulls carbon dioxide from the air, about it…

Great expectations rested on the Swiss company. Problems now lead to a reduction of up to 106 jobs.

Climeworks Is Cutting 22% of Staff as US Climate Backlash Hits Carbon Removal

Climeworks AG is laying off 106 people, as startups that aim to reverse global warming face a reckoning with the US government slashing climate incentives and programs.

Carbon capture pioneer Climeworks lays off one fifth of staff

Zurich (AFP) May 21, 2025 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 g