The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
688 jobs Number of planned job losses
Announcement Date
18 September 2007
Employment effect (start)
1 October 2007
Foreseen end date
31 December 2007
Description
Janssen Pharmaceutica, a firm that operates in the pharmaceutical sector, is to outsource a range of its peripheral operations to firms in Belgium with the loss of 688 jobs. The service activities that will be outsourced include catering, security services, cleaning services, and communications. 521 workers with permanent contracts will be directly dismissed, whilst 167 workers with fixed-term contracts will not have their contracts renewed. The job losses will be implemented by the end of 2007. Geel and Beerse are the two sites that will be most affected by the job losses. Management at the firm attributed the decision to pressing financial circumstances and the future expiration of several of the firm’s important patents.
Eurofound (2007), Janssen Pharmaceutica, Outsourcing in Belgium, factsheet number 65827, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65827.
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