Bayer scrutinizes R&D group's productivity as staffers fear layoffs in wake of a revamp
Following up on their decision to integrate R&D into a single organization — joining discovery and development under one chief — Germany’s Bayer is scrutinizing its research group with an eye to streamlining its operations.
Germany’s Wirtschaftswoche first reported that the German company was reviewing its R&D locations with cuts in mind, citing fears of 1,000 job cuts.
A spokesperson for Bayer tells Endpoints News, though, that the company continuously looks at its productivity and efficiency. Now it’s looking at the best way to create one “seamless” R&D operation. As for the R&D review: “Nothing has been decided yet.”
Bayer does have a name for the project, though. It’s called Super Bowl.
It all got underway late last year after Andreas Busch, the head of discovery, left Bayer to join Shire — about to be taken over by Takeda — as head of R&D. Bayer then decided to meld its early research and development operations under one office occupied by development chief Joerg Moeller.
We’ll keep you posted on the outcome.