German giant to cut 12 thousand people



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Bayer, one of the world's largest pharmaceutical and chemical companies, has announced that it will terminate the employment of 12,000 employees by 2022 as part of the company's restructuring plan. l & # 39; company. The company, which operates on the international scene, said it would make the majority of its layoffs in Germany.

As part of this plan, the company also announced the sale of an animal health department. Covering this section, Bayer said it would focus on the health of both the factory and the consumer.
Founded in 1874, Bayer has 99,000 820 employees and achieves an annual turnover of 32 billion euros.

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