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 (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21.1 - Manufacture of basic pharmaceutical products
60 jobs Number of planned job losses
Announcement Date
14 November 2013
Employment effect (start)
1 January 2014
Foreseen end date
31 December 2014
Description
Nijmegen based international pharmaceutical company Synthon, is to cut 60 jobs by the end of 2014.
As reported, the company will stop its R&D activities in the area of generic medicines.
Synthon hopes that some of the employees can be transferred to other parts of the organisation.
Sources
14 November 2013: De Financiƫle Telegraaf
14 November 2013: Synthon (Press release)
Citation
Eurofound (2013), Synthon, Internal restructuring in Netherlands, factsheet number 76265, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/76265.