FRANKFURT, Sept 4 German drugs and chemicals
maker Merck KGaA plans to cut about one out of 10 jobs
at its domestic sites, the latest in a string of restructuring
measures in response to setbacks in drug development.
The family-controlled drugmaker, which has 10,900 staff in
Germany, said in a statement on Tuesday that it agreed with
German labour representatives on cutting 1,100 jobs as part of
an ongoing company-wide restructuring programme.
The company in February announced plans to cut costs across
all its businesses after it failed to bring a promising multiple
sclerosis drug to market and could not considerably expand the
use of its cancer drug Erbitux.
(Reporting by Ludwig Burger)