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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-04-07 08:41 PM
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Bayer details job cuts (1,000 in the USA)

http://charlotte.bizjournals.com/pittsburgh/stories/2007/02/26/daily40.html

Bayer details job cuts
Pittsburgh Business Times - 10:27 AM EST Friday, March 2, 2007

Bayer AG said Friday that about 1,000 of its planned 6,100 job cuts would come in the United States.

The restructuring by the German drug and chemicals company, which has a regional headquarters in Robinson Township, outside Pittsburgh, follows its acquisition last year of rival Schering.

The company did not say if the Pittsburgh facility would be affected.

Bayer (NYSE: BAY) also said 3,150 jobs would be cut in Europe, 750 in the Asia, Pacific and Japan region, as well as 1,200 jobs in Latin America and Canada.

As part of its integration plan, Bayer said it would reduce 1,400 jobs in global research and development functions and 1,850 in production by 2009. It said about 2,850 positions from central administration as well as local and regional structures would be affected.


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sharp_stick Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-04-07 08:49 PM
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1. Is this after the closure of the West Haven plant
in Connecticut? I don't know how many people they lost after that but I didn't hear of too many scientists moving to Germany.
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