Schering

Type
Internal restructuring
Country
Finland
Region
Manner-Suomi; Helsinki-Uusimaa; Helsinki-Uusimaa
Location of affected unit(s)
Turku, Helsinki
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
111 jobs
Number of planned job losses
Job loss
Announcement Date
23 September 2003
Employment effect (start)
1 October 2003
Foreseen end date
1 December 2004

Description

Schering has started cooperation talks with the personnel in order to cut 130 jobs. The reason for the cuts is said to be restructuring of the company in connection to the new strategy.

25 November 2003

As a result of the end of cooperation talks with the personnel Schering will make 111 employees redundant.

Sources

  • 23 September 2003: Hufvudstadsbladet
  • 25 November 2003: Helsingin Sanomat

Citation

Eurofound (2003), Schering, Internal restructuring in Finland, factsheet number 60176, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/60176.