Roche Plans 780 Cut In Production Sites Headcount-Financial Chief
January 15 2009 - 5:42AM
Dow Jones News
Swiss drugmaker Roche Holding AG (RHHBY) plans to reduce
headcount at its production sites by 780 positions over the next
two to three years, Chief Financial Officer Erich Hunziker said
Thursday.
In a summary of a presentation to investors, Hunziker said this
will build on the restructuring of production sites in a program
running from 2007 to 2009, which resulted in a 1,152 headcount
reduction.
The reduction was the result of various measures taken,
including the sale and closure of factories. The overall number
also included the addition of new positions as part of a strategic
buildup.
The new program will run from 2009 to 2011.
The summary, in which Hunziker also reiterated the company's
financial targets, was posted on Roche's Web site.
Company Web Site: www.roche.com
-By Anita Greil, Dow Jones Newswires; +41 43 443 8044 ;
anita.greil@dowjones.com
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