Takeda-Nycomed cuts 2,800 mainly EU jobs to eliminate extra ¥10 billion in overlaps
This article was originally published in Scrip
Executive Summary
Takeda is to cut its European and US workforce by 2,800 in the wake of its merger with Nycomed. It has announced the details of a rationalisation plan that will enable it to make a third more savings in Europe than it originally envisaged back in May 2011.