Novartis announced a restructuring plan yesterday which involves cutting between 400 - 440 development jobs in Switzerland over the next few years.
Another 240 jobs are at risk in the USA.
The Basel-based pharmaceutical company currently employs over 10’000 people, around 3’000 of whom are dedicated to development.
The company, which is consistently ranked as one of the global top 5 pharmaceutical companies in the world, insists that its research activities will remain unaffected.
Geneva students join protest
Student demonstrations in support of Gaza are spreading.
TPG stike averted
A strike threatened by public transport workers in Geneva has been averted after unions and management struck an agreement.
Fraudsters face charges after tip-off
Quick thinking by an elderly man in canton Zurich has netted a group of fraudsters and police have recovered half a million francs in cash.
Locals rally round bakery after fire
Owners of an historic bakery in canton Appenzell Innerhoden are hailing the support of the local community to get their business back up and running.
Valais attracts business from other cantons
Inter-cantonal competition for businesses can be a cut throat operation.
Could women join the Swiss Guards?
For the first time in 500 years, women may be allowed to join the Swiss Guards charged with protecting the Pope at the Vatican.
