Keyword: Job Cuts

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Dow Chemical CEO Vows to Hit Profit Target Despite Cuts

25.10.2012 - Dow Chemical Chief Executive Andrew Liveris defended on Wednesday his decision to slash spending on capital projects, saying the cuts will not deter the chemical maker from meeting...

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Dow Cutting Jobs, Closing Plants as Growth Slows

24.10.2012 - Dow Chemical, the largest chemical maker in the United States, said on Tuesday it plans to cut 5% of its workforce and shutter 20 plants as part of a restructuring program aimed at...

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DuPont to Cut 1,500 Jobs as Economic Storm Worsens

23.10.2012 - DuPont reported a lower-than-expected quarterly profit on Tuesday and announced 1,500 job cuts as part of a cost savings program designed to offset falling sales around the world...

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AstraZeneca to Cut 400 U.S. Jobs

18.10.2011 - AstraZeneca has announced plans to cut about 400 employees in its U.S. commercial operations, citing a need to reduce costs. The company said the jobs are mainly at its U.S...

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Sanofi Unions Call For Strikes Over French Job Cuts

04.01.2011 - Unions at Sanofi-Aventis have called on staff in France to strike on Wednesday to fight plans to cut jobs at the French drugmaker. A group of nine unions representing staff at...

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Bayer Plans to Reduce 2,000 Jobs Worldwide by the End of 2012

19.11.2010 - Bayer plans to invest its resources even more systematically in growing the company and enhancing its innovative capability. The focus will be on researching, developing and...

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Sanofi to Cut 25% of U.S. Pharma Operations

11.10.2010 - French drugmaker Sanofi-Aventis, faced with looming generic competition for its top-selling product, said on Friday it was cutting its U.S. pharmaceutical operations by about 25%...

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Roche Says No Decision on Job Cuts This Week

30.08.2010 - Swiss drugmaker Roche Holding said on Sunday it would not make any decision on job cuts this week, after Swiss newspaper Sonntag reported it could be about to cut thousands of...