EMCC European Monitoring Centre on Change

Astra Zeneca

Company/Organisation:
Astra Zeneca

Geographic Location

Country: Sweden
Location of affected unit(s): Lund, Mölndal, Södertälje

Company

Sector: Manufacturing
Manufacture of pharmaceuticals, medicinal chemical and botanical products
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
Number Employed: 3700
Group: Astra Zeneca

Employment Effects

Announcement Date: 22-06-2007
Planned Job Reductions min: 2000
Planned Job Reductions max: 2000
Type of Restructuring: Internal restructuring
Employment Effect Start: 25-10-2007
Foreseen End Date: 01-01-2010

Additional Information

Pharmaceutical company Astra Zeneca has announced it is to cut 2000 jobs as it is facing patent challenges and escalating generic competition. The firm attributes the job reductions to slow growth within the pharmaceutical sector. The jobs are mainly located on the production side. The units in Södertälje will be affected the most where an estimated 1700 jobs are planned to be cut over the next 3 year period. The other 300 job cuts will be spread over Lund and Mölndal (no further information is available). These changes will be fully implemented by 2010.