Bayer Announces It Is Cutting 12,000 Jobs Worldwide — CBS Pittsburgh

Follow KDKA-TV: Facebook | Twitter BERLIN (KDKA/AP) – German pharmaceutical giant Bayer AG says it’s cutting 12,000 jobs worldwide as it seeks to reduce costs. The Leverkusen-based company said Thursday that details of the cuts to its 118,200-stong workforce would be worked out in coming months but that “a significant number” of the reductions would…

via Bayer Announces It Is Cutting 12,000 Jobs Worldwide — CBS Pittsburgh