LOC12:27
09:27 GMT
BASEL, Switzerland, Nov 17 (KUNA) -- The Swiss pharmaceutical group Roche
announced on Wednesday its "implementation plans" include reducing the work
force by 4,800 positions worldwide, or six per cent of the Group's current
work force, over the next two years.
"The largest reductions are planned in sales and marketing and in
manufacturing. Approximately 800 jobs would be transferred to other Roche
sites and 700 positions outsourced to third parties. Combination of planned
job reductions and transfers affect 6,300 positions overall," said the Swiss
pharmaceutical group in its press release.
"Measures aim to strengthen innovation and ensure sustained success in a
fast changing market environment," it added.
Most of the planned job reductions will occur in the Pharmaceuticals
Division, particularly in the division's global sales and marketing
organisation and in manufacturing.
The company named its measures as "Operational Excellence Program" and is
aimed "at adapting cost structures to an increasingly challenging market
environment and achieving significant efficiency and productivity gains." (end)
ta.rk
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