Novartis to cut 2,000 jobs

As reported by swissinfo.ch, the pharmaceutical company Novartis have announced they will be partaking in a number of cost reduction measures which will result in 2,000 jobs being cut. These measures will include:

– Reallocation of production within the Novartis network – this will result in the closure of two sites (one in Switzerland and the other in the US)

– Restructuring the development organisation

– Relocating some research activities from Switzerland to the US

Speaking of the measures, Jimenez, stated, “To strengthen our future, we have accelerated actions to reduce our cost base over the next few years. These actions are necessary to ensure that we adapt our organisation to continue delivering on our mission of bringing innovative new drugs to patients.”

Looking for a new position in the pharmaceutical company? Click here to search our current pharma jobs now.

Posted in: Featured Jobs
CK Logo in place of featured image