Merck closure kindles debate over Geneva 'addiction' to multinationals
Geneva’s cantonal government has set up a crisis unit to handle closure of Merck Serono’s headquarters. Officials say they’ve never faced so many layoffs—more than 1,200—at once. The shutdown comes two months before elections to fill an open seat in the cantonal government, and it’s sparked a political skirmish over the importance of multinationals in the canton’s economy. WRS’s Jordan Davis reports: