RSS   Newsletter   Contact   Advertise with us
Post Online Media

Sanofi plans 670 job cuts in France

Sanofi
Europe   "This is a terrible loss of expertise"

Sanofi told unions it was planning to cut 670 jobs in France, a union representative told Reuters.


The plan, which is to be set on a voluntary basis, would affect human resources, IT, and finances among others, Thierry Bodin, with the CGT union said. In addition, 80 IT jobs are to be outsourced, he said.

"This is a terrible loss of expertise. It will have consequences in terms of efficiency," Bodin said.

Sanofi had said in September it would continue to implement cost savings after having reached a 1.5 billion euros (S$2.3 billion) cost reduction target a year ahead of expectations.

 

What to read next
 
 

POST Online Media does not use cookies to collect information about visitors.   OK, hide this message   Third party ads may be using cookies, you can see how here.