ZURICH, Apr 12 (Reuters): Swiss drugmaker Novartis (NOVN.S) will cut thousands of jobs worldwide as it combines its pharma and oncology businesses in a reorganisation announced last week, Swiss newspaper Tages-Anzeiger reported on Tuesday, citing unnamed company sources.
More than 100 jobs could also disappear at Novartis's Swiss sites in Rotkreuz and Basel, the paper reported.
Contacted by Reuters, a Novartis spokesperson said efficiencies would come through leaner structures and would "inevitably lead to roles being impacted", but it was too early to give specific numbers.
Novartis to cut thousands of jobs in global revamp
FE Team | Published: April 12, 2022 22:39:37
Novartis to cut thousands of jobs in global revamp
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