Type
Internal restructuring
Country
France
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21.1 - Manufacture of basic pharmaceutical products

200 jobs
Number of planned job losses
Job loss
Announcement Date
25 June 2012
Employment effect (start)
1 September 2012
Foreseen end date
31 December 2012

Description

French subsidiary of the Danish pharmaceutical group Lundbeck has announced to cut 200 of its 420 positions in its commercial department.

This reorganisation happens in the framework of a European restructuring affecting 600 positions (see here) reported to be due to price decreases initiated by health authorities. The management has started negotiations of a voluntary departure plan.


Sources

Citation

Eurofound (2012), Lundbeck, Internal restructuring in France, factsheet number 73818, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73818.