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Novartis Axing 2,550 Jobs in Switzerland and the U.K.

pharmaceutical

Industry Segment: Pharmaceutical & Biotech | Word Count: 670 Words

GALWAY, IRELAND--October 8, 2018--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Swiss pharmaceutical major Novartis is planning to cut 2,550 jobs in Switzerland and the U.K. as the company continues its shift to higher-margin drugs.

Within this article: Details planned job cuts, impacted plants, change in product focus, new plant project

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