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
2,800 jobs Number of planned job losses
Announcement Date
18 January 2012
Employment effect (start)
18 January 2012
Foreseen end date
31 December 2015
Description
Takeda Pharmaceuticals is to reduce its global workforce by 10% with the loss of the jobs of 2,100 European employees and 700 US-employees. Most of these jobs will be lost in R&D, commercial, operations and General & Administrative sections.
Within Europe, the German operations of Takeda face a sweeping reorganisation. However, Takeda did not give any other details on the job losses in Europe, apart from stressing that in many countries an overlap exists between the activities of the company and those of Nycomed, the company that Takeda acquired recently.
The internal restructuring process should be fully implemented by the end of 2015.
Sources
18 January 2012: Financial Times
Citation
Eurofound (2012), Takeda Pharmaceuticals, Internal restructuring in World, factsheet number 72982, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72982.
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