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.
Geneva blindsided by car tax chaos
The Geneva government has been blindsided by the effect of the new car tax and are now scrabbling to explain why.
Govt backs foie gras
The Federal Council has come down firmly on the issue of foie gras.
Fairmont to close for 3 yrs
The Geneva luxury Fairmont Hotel on the Quai Wilson will close its doors for renovation next month. The work could last for up to three years.
Long term plans for atom waste dump
The time frames are immense – but plans have been revealed on a new nuclear waste storage site, which, by law, has to be viable for a million years.
A12 closed after snow triggering crash
A section of the A12 autoroute running between Vevey and Châtel-St-Denis was closed over night following a multicar pile up, caused by the snow.
Woman seeks life saving savior
A young woman in Geneva has launched a search for the woman who saved her life when she was swept away by the Rhone last spring.
