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
190 jobs Number of planned job losses
Announcement Date
18 November 2010
Employment effect (start)
1 January 2011
Foreseen end date
31 December 2011
Description
Roche, the Swiss pharmaceutical company, has announced plans to reduce its Spanish workforce of 1,928 by 190 in 2011. The areas around Madrid and Barcelona will be impacted the most by the job reductions. The restructuring would mainly affect two divisions in Spain - Roche Farma (1.245 employees) and Roche Diagnostics (683 employees). The job losses in Spain are part of a worldwide cutback with repercussions in various countries (see related fact sheet).
Sources
18 November 2010: Telecinco
Citation
Eurofound (2010), Roche, Internal restructuring in Spain, factsheet number 71502, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/71502.
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