IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Lonza to Cut 5% of Workforce

6:05 AM MDT | October 29, 2009 | Deepti Ramesh

Lonza plans to eliminate about 450 jobs, or 5% of its workforce, due to volatility in market and financial performance being below expectations as a result of order cancellation and postponements, say press reports. Lonza announced today that unexpected order...

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