Bayer announces the removal of 12,000 jobs after the acquisition of Monsanto



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The German group Bayer announced Thursday its intention to cut 12,000 jobs in the wake of the recovery of the US Monsanto.

The industry will cut in its agrochemical branch, with the removal of 4,100 posts, as well as in the production of over-the-counter drugs and research and development.

The German giant, which is betting in the medium term on the growing role of chemistry to feed the planet, had to pay $ 63 billion (54 billion euros) to acquire Monsanto in June, while giving $ 7.6 billion. euros in badets to his compatriot BASF.

The German group employs around 120,000 people worldwide, including more than 1,000 in Belgium. The Belgian head office is located in Diegem on the outskirts of Brussels while a production site is also present in Antwerp. Two offices are still installed in the capital. Thursday, a spokeswoman for the Belgian subsidiary said it was still too early to say whether the announcement of the parent company was going to affect the Belgian workforce.

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