Merck KGaA Announces Job Cuts - Pharmaceutical Technology

Latest Issue
PharmTech

Latest Issue
PharmTech Europe

Merck KGaA Announces Job Cuts


ePT--the Electronic Newsletter of Pharmaceutical Technology

Merck KGaA has revealed further details about its previously announced restructuring program, including plans to eliminate approximately 580 jobs. A further 750 positions will be transferred from Switzerland to alternative sites primarily in Germany, the US, and China.

The company will close its Merck Serono headquarters in Geneva, Switzerland, and consolidate all headquarters functions in one site in Darmstadt, Germany. Of the current 1250 current positions in Geneva, 500 will be cut to eliminate duplications and the remaining 750 positions will be transferred. The aim of the transfers is to leverage scientific expertise in the biotechnology hub of Boston, Massachusetts, and to ensure clinical development in all key growth areas.

Despite the Swiss closure, Merck added in its statement that it intends to maintain a manufacturing and marketing presence in Switzerland. Currently, the company operates three manufacturing sites in the country in Aubonne, Corsier-sur-Vevey, and Coinsins. As part of the restructuring, operations in Coinsins will be transferred to the Aubonne site, and 80 jobs across all three sites will be eliminated. Out of the 750 jobs that will be transferred, more than 130 positions related to technical manufacturing in Geneva will be moved to Aubonne. The company also intends to maintain its Swiss market operations in Zug.

“The planned measures for Merck Serono’s operations in Switzerland are needed to ensure our global competitive position in a rapidly changing market and to secure the long-term future of the company,” Stefan Oschmann, executive board member of Merck and responsible for the Merck Serono division, explained in a statement.

Merck first announced the restructuring plan, and warned of upcoming workforce reductions, earlier in 2012.

ADVERTISEMENT

blog comments powered by Disqus
LCGC E-mail Newsletters

Subscribe: Click to learn more about the newsletter
| Weekly
| Monthly
|Monthly
| Weekly

Survey
How does your company apply quality-by-design (QbD) principles to manufacturing processes?
To all processes for both new and legacy products
To all process for new products only
To select process for new products only
To select processes for both new and legacy products
Do not use QbD
To all processes for both new and legacy products
20%
To all process for new products only
13%
To select process for new products only
24%
To select processes for both new and legacy products
20%
Do not use QbD
22%
View Results
UPCOMING CONFERENCES

Programs for Investigational and Pre-Launch Drugs
Philadelphia, PA
July 17-18, 2013
Request Brochure

Strategic Pipeline Planning & Portfolio Valuation
Philadelphia, PA
August 13-14, 2013
Request Brochure

MES 2013 - Forum on Manufacturing Execution Systems
Philadelphia, PA
August 14-15, 2013
Request Brochure

Mobile Innovation for the Life Sciences Industry
Philadelphia, PA
August 20-21, 2013
Request Brochure

See All Conferences >>

Eric Langer Outsourcing Outlook Eric LangerOutsourcing's Modest Role as a Cost-Containment Strategy
Patricia Van Arnum Ingredients Insider Patricia Van ArnumIntellectual Property Battles in Solid-State Chemistry
Nathan Jessop Industry Insider Nathan Jessop Campaign Against Counterfeit Drugs Continues
Lynn Torbeck Statistical Solutions Lynn D. TorbeckCompositing Samples and the Risk to Product Quality
 More
Inadequate Access to Medicines Puts EU at Risk
FDA Offers Insight on QbD for Modified-Release Products
Global Biosimilars Market to Reach $2.445 Billion in 2013
Adapting to Change
AstraZeneca and Exco InTouch Collaborate to Augment Current COPD Pathways
FindPharma Custom Search
Source: ePT--the Electronic Newsletter of Pharmaceutical Technology,
Click here