

Novartis, a Swiss pharma company, is set to cut up to 680 jobs in its development organization over the next two to three years. The layoffs will affect around 440 jobs in Switzerland and up to 240 in the United States. Despite the cuts, Novartis plans to add roles globally, resulting in a net reduction of 1-2%.


Novartis, a Swiss pharma company, is set to cut up to 680 jobs in its development organization over the next two to three years. The layoffs will affect around 440 jobs in Switzerland and up to 240 in the United States. Despite the cuts, Novartis plans to add roles globally, resulting in a net reduction of 1-2%.
•Around 440 jobs will be affected in Switzerland, and up to 240 in the United States.
•The company aims to add roles globally, resulting in a net reduction of 1-2%.
•Novartis emphasizes its commitment to development work in Switzerland and the US despite the layoffs.
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