Novartis To Cut 8,000 Jobs In Global Restructure

Follows Through On Plan For Leaner Organization

CEO Vas Narasimhan wants the company to be more agile and identify more blockbuster opportunities.

Novartis
The restructuring is aimed at making Novartis leaner and more competitive, and includes the creation of a new strategy and growth division.

Novartis has confirmed that it will shed around 8,000 jobs across its global operations as part of a restructure first announced in April.

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