The pharmaceutical and chemical giant Bayer plans to cut 4,500 jobs in Germany, one-third of its total cuts worldwide.

In total, 12,000 out of 118,000 jobs will be cut worldwide, as Bayer seeks to rev up efficiency and boost profit margins in the ailing company.

Employees on Tuesday will be receiving a …read more

Source:: https://www.thelocal.de/20190409/bayer-to-cut-4500-jobs-in-germany