Börse Express – ROUNDUP / HB: Bayer wants to cut costs and cut jobs

The pharmaceutical and agrochemical group Bayer
wants to save costs according to a media report and
reduce jobs for that. The most affected is the
Crisis Division Consumer Health, No Prescription Service
Drugs such as aspirin, have reported the "Handelsblatt" on
Tuesday focused on business circles. But also in the
Pharmaceutical research and in the agricultural division combined with Monsanto
the jobs would be fine. The actual numbers were not in the report
called. A speaker did not want the article on request
comment.

Operational layoffs but it will be at least in Germany
do not give, because from here at least 2020 location warranties
to apply, it has been said. These do not concern the
Headquarters of Consumer Health, headquartered in Basel. In addition, be
The sale of small brands has allowed Bayer to stop
want to continue. For the animal health sector
keep the option open for sale.

Bayer has a capital market day Wednesday next week at
Scheduled for London. CEO Werner Baumann wanted with the plans
go back to the offensive, so the "Handelsblatt". the
Investors are due to the collapse of prices after the first
The glyphosate process is permanently irritated. / Tos / she

    ISIN DE000BAY0017

AXC0279 2018-11-27 / 20: 21

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