Business and Finance Business and Finance
Mon, December 30, 2024
[ Mon, Dec 30th 2024 ] - MSN
The biggest viral moments of 2024
[ Mon, Dec 30th 2024 ] - MSN
Major move to boost Defence recruits
Sun, December 29, 2024
[ Sun, Dec 29th 2024 ] - MSN
HBO founder Charles Dolan dies at 98
[ Sun, Dec 29th 2024 ] - Forbes
Building Life With Generative AI
[ Sun, Dec 29th 2024 ] - MSN
Colts Reacts Survey: Week 17

Roche has no plans for job cuts and business is healthy, CEO says


Published on 2024-12-29 13:00:46 - Reuters
  Print publication without navigation

  • Swiss pharmaceutical company Roche is not planning job cuts and its business is healthy, CEO Thomas Schinecker was quoted as saying by a Swiss newspaper on Sunday.

Roche, the Swiss pharmaceutical company, has no plans for job cuts as its business remains healthy, according to CEO Thomas Schinecker. In an interview with Swiss newspaper SonntagsBlick, Schinecker emphasized that despite the challenges in the pharmaceutical industry, including patent expirations and competition from generics, Roche's focus on innovation and its strong pipeline of new drugs are expected to sustain its growth. He highlighted the company's commitment to research and development, particularly in oncology and immunology, and expressed confidence in Roche's ability to navigate the competitive landscape without resorting to layoffs.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/healthcare-pharmaceuticals/roche-has-no-plans-job-cuts-business-is-healthy-ceo-says-2024-12-29/ ]