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Roche Cuts 4,800 Jobs in the West while Expanding in China

publication date: Nov 17, 2010
Roche will cut 4,800 jobs over the next two years as part of its long-awaited downsizing plan, called "Operation Excellence." Most of the jobs – a total of 3,550 – will affect its US workforce. However, in China, the Swiss biopharma plans to increase its Chinese headcount by 25% this year, adding 750 new hires to its present level of 3,000 employees. More details....

Stock Symbol: (VX: ROG)


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