Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

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

Diversified healthcare leader. Sanofi (SNY: Quote) 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.

Click here to receive FREE breaking news email alerts for Sanofi and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Design software maker Autodesk, Inc. said Thursday after the markets closed that its third quarter profit fell 81% from last year, as higher costs and expenses more than offset an 11% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue. Here is a quick summary of the earnings reported after the bell on Nov 19. Keurig Green Mountain, Inc. (GMCR) reported net income for the fourth quarter of $141.1 million or $0.86 per share, compared to $127.0 million or $0.83 per share for the year-ago quarter. Excluding items, adjusted net... Women's apparel retailer L Brands, Inc. said Wednesday that its third quarter profit rose 43% from last year, as sales increased 7%. The company's quarterly earnings per share also came in above analysts' expectations. At the same time, the company forecasts fourth quarter earnings below analysts' current consensus estimate, but once again raised its full year earnings outlook.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.