The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Chemicals And Pharamceuticals Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
556 jobs Number of planned job losses
Announcement Date
12 January 2009
Employment effect (start)
12 January 2009
Foreseen end date
31 December 2009
Description
Pfizer, one of the world's largest pharmaceutical companies, is to cut 556 jobs in its Italian sites. The job-losses are part of a wide reorganisation plan which will mainly affect the sales, marketing and distribution area.
Pfizer has around 85,000 employees worldwide. In Italy, it has two administrative sites (located in Milan and Rome), and industrial sites at Latina (Lazio), Ascoli Piceno (Marche) and Pisticci (in the province of Matera), with a total workforce of around 3,000 employees.
Sources
12 January 2009: Il Diario del lavoro
Citation
Eurofound (2009), Pfizer, Internal restructuring in Italy, factsheet number 67804, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67804.
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