The pharmaceutical and chemicals group Bayer, has been suffering from the Takeover of the U.S. Seed company Monsanto. And now the company is mine in Germany, probably the 4500. The learned the German press Agency on Monday from well-informed circles. Already in November, Bayer announced that, worldwide, a total of 12 will be eliminated, with 000 118 000 jobs, about 10 percent of all jobs. The Rheinische Post had previously reported about the plans for Germany.
Because Monsanto plant produced protection products containing the active ingredient glyphosate, is suing the U.S. group, and thus Bayer of Thousands of persons for compensation. The applicants relied on glyphosate for health ailments such as cancer. Two procedures the courts have ruled already in favor of the plaintiffs, Bayer will have to pay high sums of money. Because these judgments are interpreted as precedents for an output of the other upcoming processes, broke by the share price.
in Order to save costs, Bayer. In the group in Germany forced redundancies until the end of 2025 are excluded. In order to reduce the number of digits, the company relies on high severance payments, partial retirement and Disposals due to the usual fluctuation. For employees under 57 years of severance pay of up to 63 month salaries have been negotiated.
reported the Rheinische Post, wants to inform the Board of management to the employees on Tuesday in a letter about the planned job reduction. Consequently, 3000 of the 4500 jobs account for so-called cross-section functions, for example in management and IT.