Sandoz announces plan to improve competitiveness and realign the organization, to drive ongoing Transformation and support future growth

  • Two-stage strategic Transformation plan foresees measures for organizational realignment, followed by increased investments to drive growth segments
  • Realignment of organization involves a planned reduction of global workforce by approximately 900 FTEs, including closure of Holzkirchen development center

HOLZKIRCHEN, May 15, 2019 – Sandoz today announces plans for a leaner and more efficient global organization, to drive cost competitiveness as the first stage of its ongoing strategic Transformation and support investments into future growth. …

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