Sanofi to cut 900 jobs in France
26 September 2012 Business
Number of jobs to be cut reduced from 2500 to 900 following outcry
Is Sanofi cutting jobs in France?
10 July 2012
According to French daily newspaper Le Figaro, Sanofi is planning to cut 1000–2000 jobs in France. The company is apparently looking to reduce headcounts in R&D, manufacturing at the vaccines unit and various support activities. It has declined to comment on the rumours – the newspaper cites unnamed sources – but told Reuters that on Thursday it would hold a meeting with the company works council during which employment in France would be discussed.
Earlier this month, Sanofi announced plans to sell a 19% stake in cosmetics firm Yves Rocher for an undisclosed amount.
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