Type
Internal restructuring
Country
Spain
Region
Comunidad de Madrid;
Location of affected unit(s)
Madrid
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations

132 jobs
Number of planned job losses
Job loss
Announcement Date
3 April 2008
Employment effect (start)
6 April 2008
Foreseen end date
31 December 2011

Description

132 employees at the pharmaceutical company AstraZeneca Spain will lose their jobs as part of a restructuring process. The announcement was made on 3 April 2008 by the company management to its board and employees. Although the jobs cuts will be made in all areas, they will especially affect the sales department. The restructuring is part of AstraZeneca global plan and the company is expected to cut about 3000 jobs worldwide in the next three years.


Sources

Citation

Eurofound (2008), Astra Zeneca, Internal restructuring in Spain, factsheet number 66498, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66498.