Collective bargaining tempers Merck KGaA's 10% German workforce cut
This article was originally published in Scrip
Executive Summary
Merck KGaA has announced that it will reduce its workforce in its home country of Germany by around 10%, or 1,100 positions, but it has agreed in the main to hold off from making forced redundancies and outsourcing positions, and from relocating its financial services activities abroad.