The Swiss pharmaceutical giant Novartis is confirming there will be major job losses in Switzerland.
In April the company said it would restructure its operations around the world – cutting 8,000 jobs.
Here 1,400 will go – out of 11,600 jobs in Switzerland – around 10%.
The company wants to save a billion dollars by 2024.
Most of the lost jobs will be from finance, human resources, legal positions and communications.
It will also consolidate some research positions.
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