EMCC European Monitoring Centre on Change

Sanofi Aventis

Company/Organisation:
Sanofi Aventis

Geographic Location

Country: Italy

Company

Sector: Manufacturing
Manufacture of pharmaceuticals, medicinal chemical and botanical products
21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
Number Employed: 3400
Group: Sanofi Aventis

Employment Effects

Announcement Date: 20-11-2011
Planned Job Reductions min: 500
Planned Job Reductions max: 500
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-01-2012
Foreseen End Date: 01-01-2014

Additional Information

Sanofi Aventis, one of the main pharmaceutical companies in the world, is to cut 500 jobs in Italy (out of 3,400). The job-cuts include the closure of the research centre located at Milan which employs around 50 workers.
Trade unions criticized the company's decision, announcing various protest actions.