Novartis announced a restructuring plan yesterday which involves cutting between 400 - 440 development jobs in Switzerland over the next few years.
Another 240 jobs are at risk in the USA.
The Basel-based pharmaceutical company currently employs over 10’000 people, around 3’000 of whom are dedicated to development.
The company, which is consistently ranked as one of the global top 5 pharmaceutical companies in the world, insists that its research activities will remain unaffected.
Arms makers leaving Switzerland
Swiss ammunition makers are feeling the squeeze of tight export laws.
Army worried about using Microsoft servers
Two years after the Swiss administration decided to move its entire IT system to Microsoft’s cloud, opposition is growing.
Man shot in Annemasse
The Perrier district of Annemasse in neighbouring France, was the scene of another violent incident Friday night.
Violence against train staff at 'alarming' levels
Violence against railway staff in Switzerland is reaching alarming levels - around ten attacks every day, according to Swiss Federal Railways.
Russian singer faces controversy
Controversy is surrounding the Russian singer Anna Netrebko’s five performances at the Zurich Opera House, which started yesterday.
Geneva could ban terrace smoking during meal times
Geneva could soon ban smoking on restaurant and café terraces during mealtimes.
