Ferring Reviews Operations, Up to 500 Jobs at Risk Worldwide
Pharmaceutical company Ferring is reviewing its operations, considering relocating some positions to enhance business efficiency. This move could unfortunately result in a significant reduction of up to 500 jobs worldwide.
Ferring, employing over 7500 staff globally across 50 countries, has informed employees at affected sites about proposals that may lead to job cuts. Notably, the company has 730 staff in St-Prex, Switzerland.
In Switzerland, Ferring is currently consulting with social partners about potential job reductions. The Swiss Federal Council, responsible for strategic government goals and departmental oversight, will make decisions regarding geographical relocations within the country. The implementation of these changes is subject to local consultations.
Ferring's review of operations may lead to significant job cuts worldwide, with the Swiss arm currently in consultation with social partners. The final decisions, including geographical relocations, will be made by the Swiss Federal Council, and changes will be subject to local consultations.
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