Chop­ping close to home, No­var­tis out­lines plans to ax or move about 2,600 more jobs in an­oth­er wave of glob­al re­struc­tur­ing

No­var­tis is con­tin­u­ing its piece­meal plan to re­struc­ture the glob­al phar­ma com­pa­ny, once again bring­ing out the ax as it re­shapes its man­u­fac­tur­ing and ser­vices op­er­a­tions in Eu­rope this time.

Close to 2,200 jobs are be­ing elim­i­nat­ed in its home coun­try of Switzer­land in the next four years. That in­cludes rough­ly 1,500 staff at pro­duc­tion fa­cil­i­ties it runs in Basel, Stein, Lo­carno and Schweiz­er­halle. An­oth­er 700 ser­vice jobs in Basel — which is home — are be­ing re­dis­trib­uted to one of five glob­al cen­ters in Dublin, Hy­der­abad, Kuala Lumpur, Mex­i­co City and Prague.

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