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People & Business :: People/Executives

Lonza negotiates with unions to implement job cuts

12:02 AM MST | November 13, 2012 | Deepti Ramesh

Lonza says it has started negotiations with the unions Syna and Unia to implement the recently announced job cuts. Lonza on 31 October announced it will cut 500 jobs globally, including 400 positions at the company's production site at Visp, Switzerland. At least two-thirds of the job cuts will be achieved by internal transfers, natural attrition, early retirements, and a reduction of temporary work contracts, Lonza says. In two rounds of negotiations, the parties have agreed to approve a social plan by 23 November. The consulting phase will last until the end of...

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