Europe Watch

March 2007
ICIS Chemical Business;3/26/2007, Vol. 2 Issue 59, p10
Trade Publication
The article reports that pharmaceutical firm Bayer has reached agreement with the works council at the new Bayer Schering Pharma on a socially acceptable plan for implementing the planned 6,100 merger-related job cuts. Employee representatives had threatened to torpedo the integration of the two healthcare businesses, saying that the former Schering's workforce was bearing the brunt of the cuts.


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