Zurich (awp) – The pharmaceutical group Novartis could cut 170 jobs at its Puurs site in the north-west of Belgium, in order to make it more competitive in the face of falling volumes. Some 40 million euros must be invested this year in parallel.
Novartis has started an “information and consultation phase with social partners on the proposed changes, which could affect 192 positions, including 170 with job cuts, including temporary workers,” the group said in a press release on Wednesday. .
“The Puurs site must adapt to declining volumes of the ophthalmic product portfolio and reductions in efficiency due to external factors leading to increased unit costs,” continued the Rhine giant.
With process optimization and continued investments, “Novartis aims to increase production volumes and seize opportunities for new drugs or new businesses,” he added.
al/rp
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