German pharmaceutical group Bayer cuts 12,000 jobs



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Pharmaceutical and agricultural group of Leverkusen

Bavaria wants to reduce the number of jobs in the world by 12 000 by the end of 2021 – many of them Germany, Most of job cuts continue that crop protection company and on the most important group functions represented for the company on Thursday in Leverkusen with.

At the same time agreed Bavaria with the works in

Germany a program for the future, layoffs in the network of the company's staff Bayer AG in Germany until the end of 2025.

The structural and efficiency measures aim to increase the competitiveness of the Dax Group and generate an annual contribution of € 2.6 billion, including the synergies expected from the Monsanto acquisition in 2022.

program of improvement of the efficiency

the

staff reductions is part of an efficiency improvement program that aims to significantly increase productivity and profitability. Other items include the sale of the animal health business, the sale of Coppertone and Drs. Scholl's and the sale of the 60% stake in the German site chemical service provider Currenta.

Bavaria currently has to fight on several fronts. In the USA is seen after the acquisition of

Monsanto faced with many complaints about the herbicide glyphosate. The plaintiffs accuse Bavaria acquired US companies Monsanto sold a carcinogen with glyphosate and has not sufficiently informed about the harmfulness. Bavaria rejects these allegations. But Bayer's action has collapsed after the first glyphosate loss process mbadively. In the pharmaceutical sector, too, the group had recently announced few promising new developments.

Bayer in Austria

the Bavaria Austria Compbad, based in Vienna-Ottakring, employs around 230 people. Last year, a turnover of 205 million euros was realized. The ordinary business result (EGT) in 2017 was about 10 million euros. That there are effects on the Austrian site has remained open for the moment.

Employees of

Austria According to the company's homepage, they are responsible for marketing, sales, technical and medical advice for Bayer products, as well as clinical studies. Since 2009 is done by Vienna control of the group of countries southern EuropeThis includes side Austria Albania. Bosnia and Herzegovina. Croatia. fruit salad. Montenegro. Serbia and Slovenia,

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