Skiplink Navigation

Main Features

Novartis to transfer 1,250 staff

Novartis headquarters in Basle


The Basel-based life sciences group Novartis is hiving off some of its business activities that are not essential to its core business. The move will affect some 1,250 Novartis staff who will be transferred to other firms.

Negotiations are currently taking place with the French groups Elyo and Videndi for the management of Novartis's energy procurement and waste disposal operations. Talks are also being held with the Swiss-Swedish technology group ABB and Johnson Controls of the United States to take over Novartis's technical services operation.

In a statement, Novartis said that no employees would lose their jobs as a result of the changes. The restructuring is due to be completed by the end of this year.

Novartis announced five hundred job losses last September as the group continued to streamline operations and refocus on its core business in the life sciences sector.

swissinfo with agencies

Neuer Inhalt

Horizontal Line

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.

Click here to see more newsletters

WEF 2018

WEF Teaser 2018