EMCC European Monitoring Centre on Change

Merck

Company/Organisation:
Merck

Geographic Location

Country: Spain

Company

Sector: Manufacturing
Manufacture of pharmaceuticals, medicinal chemical and botanical products
21.1 - Manufacture of basic pharmaceutical products
Number Employed: 1000
Group: Merck

Employment Effects

Announcement Date: 25-05-2012
Planned Job Reductions min: 200
Planned Job Reductions max: 200
Type of Restructuring: Internal restructuring
Employment Effect Start: 25-05-2012
Direct Dismissals: 200

Additional Information

US-based multinational pharmaceutical firm Merck has applied for a redundancy procedure affecting 20 % of its Spanish workforce. 200 employees will be affected by this procedure, which was recently agreed with the Trade Unions.

The company has blamed the measure on the changes in the Spanish health sector aiming to save costs and the need to optimise resources.

Sources:

25-05-2012Cincodias

Sources Links:

http://www.expansion.com/2012/05/25/empresas/auto-industria/1337934933.html