Roche Will Cut 780 Production Jobs

Roche (Basel, Switzerland) will cut 780 production jobs over the next two to three years, according to a story in Wall Street Journal. These layoffs follow plant restructuring that already eliminated 1,152 jobs.

According to the Journal story, Chief Financial Officer Erich Hunziker said the recent cuts involved the sale and closure of factories. The new program will run until 2011.

For the full story see the WSJ web site (subscription required) ref="https://online.wsj.com/article/SB123203531536885863.html?mod=dist_smartbrief">