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

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/

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