logo
Share SHARE
FONT-SIZE Plus   Neg

Sanofi Mulls Plans To Trim 900 Jobs In France By 2015 - Quick Facts

Diversified healthcare leader. Sanofi (SNY) Tuesday announced that the activities in its R&D sites over the next three years till 2015 aimed at strengthening the scientific, academic and private network might result in reduction of approximately 900 jobs in France by the year 2015.

The company stated that the trimming of workforce in France by the year 2015 might include early retirements, mobility proposals and repositioning in France.

The company further added that it does not foresee any relocation of sites or any change to the number of industrial sites in France.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Sprint Corp., the third largest U.S. wireless carrier, on Tuesday reported a loss for the fourth quarter that widened from last year on one-time charges and lower revenues. The latest quarter's results include charges related to severance and lease exit costs, including the shutdown of legacy WiMAX service that will free up valuable spectrum and immediately lower network costs. Shares of Infineon Technologies AG were losing around 4 percent in German trading after the manufacturer of semiconductors and system solutions reduced its revenue growth forecast for fiscal 2016. This was despite a surge in second-quarter profit with strong revenues. For the third quarter, the company projects revenue growth sequentially. Halliburton Company (HAL) reported a loss from continuing operations of $2.4 billion, or $2.81 per share, in the first quarter of 2016, compared to a loss of $639 million or $0.75 per share, previous year. Halliburton recorded company-wide charges related primarily to asset impairments and severance...
comments powered by Disqus
Follow RTT