Merck

Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
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
7,200 jobs
Number of planned job losses
Job loss
Announcement Date
22 October 2008
Employment effect (start)
1 January 2009
Foreseen end date
1 January 2011

Description

Merck, one of the world leading pharmaceutical companies, is to cut 7,200 jobs. The job cuts are included in the 2009-2011 reorganisation plan that the company has announced on 22 October 2008.

Merck is a global research-driven pharmaceutical company. It has 59,800 employees worldwide.

Sources

  • 23 November 2009: Il Sole 24 Ore

Citation

Eurofound (2008), Merck, Internal restructuring in World, factsheet number 67358, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67358.