Sanofi Aventis

Type
Internal restructuring
Country
Italy
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
500 jobs
Number of planned job losses
Job loss
Announcement Date
20 November 2011
Employment effect (start)
1 January 2012
Foreseen end date
1 January 2014

Description

Sanofi Aventis, one of the main pharmaceutical companies in the world, is to cut 500 jobs in Italy (out of 3,400). The job-cuts include the closure of the research centre located at Milan which employs around 50 workers. Trade unions criticized the company's decision, announcing various protest actions.

Sources

  • 23 November 2011: Il Fatto Quotidiano

Citation

Eurofound (2011), Sanofi Aventis, Internal restructuring in Italy, factsheet number 72790, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/72790.