Bayer to Cut Management Jobs Ahead of Restructuring, Reuters Reports
15 September 2023 - 9:27AM
Dow Jones News
-- Bayer's new chief executive is planning to cut some
management jobs in the middle-to-upper layers of management as he
prepares an overhaul of the company's structure, Reuters reports,
citing unnamed sources.
-- Chief Executive Bill Anderson is expected to announce the
cuts at an internal strategy meeting, though the number of jobs
affected or the timing of the announcement weren't made known,
according to Reuters's sources.
-- Bayer declined to comment to Reuters.
Full story: https://shorturl.at/djB26
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
September 15, 2023 03:12 ET (07:12 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Bayer (TG:BAYN)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Bayer (TG:BAYN)
Historical Stock Chart
Von Mai 2023 bis Mai 2024