Basel, Switzerland (RSR, Fre) – Novartis announced Thursday that it could cut 500 jobs in Switzerland and another 2,000 around the world in coming months as part of its "Forward" programme to streamline operations. Many of the jobs could go through retirement and natural attrition, the company noted. The pharmaceutical company, one of the largest in the world, announced in October that it would be reviewing all its operations with an eye to being ready for a major growth spurt in the world pharmaceutical industry that it expects in the second half of 2008.
Posted by Ellen Wallace on 13 December 2007 at 10:02 |
permalink
This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 13 December 2007.
Filed under: World news
Tags: Swiss news
You can leave a response, or trackback from your own site.
We are happy to have your comments,
which are approved before they appear: please remember to be courteous and brief.
We accept only comments directly related to an article. We do not accept comment
spam - messages sent to more than one site. We do not publish comments if the
e-mail address is not legitimate. Thank you!