Wednesday, October 13, 2010

Sanofi-aventis U.S. announces a 25% workforce reduction

BRIDGEWATER, N.J., October 8 - Sanofi-aventis U.S. announced today that it will streamline U.S. Pharmaceutical Operations as part of the company’s ongoing transformation to better respond to patients and customers in a challenging healthcare marketplace. The restructuring will include an estimated 25% work force reduction in U.S. Pharmaceutical Operations, eliminating approximately 1,700 positions in total. These decisions will be finalized by mid-December.

Of the 13,000 people employed by sanofi-aventis in the United States, currently 6,900 are employed in the Pharmaceutical Operations division. Other affiliates of sanofi-aventis in the United States include Research & Development, sanofi pasteur vaccines, BiPar and Chattem, the company’s consumer healthcare business.

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