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Bayer to cut 4500 jobs in Germany


Bayer to cut 4500 jobs in Germany

BERLIN: Pharma and chemicals giant Bayer say it is cutting 4,500 jobs in its home market of Germany.

The company said Tuesday that the positions are part of 12,000 job cuts around announced last year. The company currently has about 32,100 employees in Germany.

Read Also: Bayer CEO defends Monsanto deal amid Roundup rulings

The company is fighting the fallout from lawsuits over the alleged carcinogenic effects of Roundup, a weed killer it acquired with the purchase of American agrochemicals rival Monsanto.

Read Also: Bayer Zydus Pharma to continue to invest in new medicines

The company says that scientific evidence shows the product is safe and regulators have supported that conclusion.

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MD Team

MD Team

At Medical Dialogues, we are a team of young professionals strongly advocating of the transparency in the medical sector through the free flow of medical information, health and medical news. MD Team covers a variety of news related to the healthcare, pharma and medical device industry in India. Our team can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751


Source: AP
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