Layoff News
Swiss Pharmaceutical giant Hoffmann-La Roche announced Friday that it would be cutting jobs in 2011 and 2012. While the company did not give specific numbers, analysts at Swiss brokerage firm Helvea estimate that “cost savings could easily reach 2 billion Swiss francs (US$ 1.9 billion) as of 2012 to 2013,” a number which implies thousands of layoffs.
“In view of mounting pressures to curb healthcare costs …” said a Roche press-release “…together with recent developments in late-stage projects in the Roche pipeline, this initiative aims to adapt cost structures and accelerate productivity improvements Group-wide.”
Hoffman-La Roche currently employs over 80,000 people worldwide and maintains U.S. branches in Florence, SC, Palo Alto, CA and Boulder, CO.
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
I was facing the seven-year itch at my previous workplace. Thanks to EmploymentCrossing, I'm committed to a fantastic sales job in downtown Manhattan.
- Joseph L New York, NY
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
