Bayer to Cut 12,000 Jobs, Shed Coppertone and Dr. Scholl’s Brands

0
11
Bayer to Cut 12,000 Jobs, Shed Coppertone and Dr. Scholl’s Brands

Bayer to Cut 12,000 Jobs, Shed Coppertone and Dr. Scholl’s Brands

gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw== - Bayer to Cut 12,000 Jobs, Shed Coppertone and Dr. Scholl’s Brands

BERLIN—Bayer AG on Thursday mentioned it might minimize 12,000 jobs and promote its animal-health industry, Coppertone sunscreens and Dr. Scholl’s foot-care merchandise in an effort to win again buyers’ believe after a string of setbacks and a pointy fall in its percentage value.

The activity cuts, focused on some 10% of Bayer’s 118,200 international team of workers, come because the German chemical substances and prescription drugs corporate faces demanding situations in maximum of its companies, from falling gross sales of over the counter medicine to a dwindling strong of blockbuster prescription medications.

LEAVE A REPLY

Please enter your comment!
Please enter your name here