Merck Serono France

Type
Internal restructuring
Country
France
Region
Auvergne-Rhône-Alpes; Rhône-Alpes; Rhône
Location of affected unit(s)
Lyon
Sector
Manufacturing
(20 - 21) Manufacture of chemicals and pharmaceuticals
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
267 jobs
Number of planned job losses
Job loss
Announcement Date
31 May 2012
Employment effect (start)
31 July 2012
Foreseen end date
31 December 2012

Description

Merck Serono, the French subsidiary of the German pharmaceutical group Merck, has announced to cut 267 positions (over than 20% of the workforce) in a bid to preserve its competitiveness. The management announced a voluntary departure plan and measures to help workers to find a new job or activity.

Sources

  • 31 May 2012: Challenges ()

Citation

Eurofound (2012), Merck Serono France, Internal restructuring in France, factsheet number 73669, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73669.