Sanofi-Aventis to cut staff in Germany
French drug major Sanofi-Aventis is cutting its staff in Germany by 380, mainly among medical sales people. No reductions are being made in either production or R&D. talks with staff representatives are continuing but it is not expected there will be any redundancies and early retirement is being used to reduce jobs. 2007 German sales in fell or the second year running, reportedly by 8%. Health funds have refused to reimburse its new anti-obesity drug Acomplia (rimonabant) and the government has imposed price cuts and measures favoring generics.
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