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 21.10 - Manufacture of basic pharmaceutical products
110 jobs Number of planned job losses
Announcement Date
23 April 2013
Employment effect (start)
24 April 2013
Foreseen end date
31 December 2013
Description
Roche Applied Science, a subsidiary of Hoffmann-La Roche, will cut 110 jobs in Penzberg, Bavaria. This is caused by the integration of Roche’s Applied Sciences section in its Clinical Diagnostics section. Roche said that the closure of its Applied Sciences section is due to price pressure and cutbacks in research and development. Additionally, it ended an alliance with IBM. Further 60 jobs are to be cut in Branford, USA. Job cuts will be carried out by the end of 2013.
Sources
23 April 2013: Handelsblatt (online)
23 April 2013: Handelszeitung (online)
24 April 2013: Frankfurter Allgemeine Zeitung
23 April 2013: Roche (Press Release)
Citation
Eurofound (2013), Roche Applied Sciences, Internal restructuring in Germany, factsheet number 75278, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75278.
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