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    Home > Medical News > Latest Medical News > Astellas announces early retirement plan, Hui causes more than 1,400 job cuts

    Astellas announces early retirement plan, Hui causes more than 1,400 job cuts

    • Last Update: 2021-08-12
    • Source: Internet
    • Author: User
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    On June 3, Astellas headquarters issued an announcement introducing an early retirement system.


    Astellas stated that in order to flexibly respond to the rapid changes in the business environment, and to take medium and long-term sustainable growth as an unswerving goal, it is necessary to frequently reassess the allocation of operating resources


    The system will be introduced for Astellas Pharmaceuticals and two related companies.


    Generally speaking, pharmaceutical companies that have laid off employees have a higher chance of layoffs again.


    The Astellas family is not the only one who announced layoffs recently


    At the end of last month, according to fiercepharma, Huizhi revealed that it would close a large factory in West Virginia, which would cause more than 1,400 people to lose their jobs


    On November 16 last year, Pfizer Upjohn and Mylan, Pfizer's business units, formally merged to form Viatris, and soon afterwards drafted a cost reduction plan of approximately US$1 billion- It plans to close the large pharmaceutical factory previously operated by Mylan


    This factory has been in operation for decades and has been an important part of the local community for many years.


    According to foreign media reports, the factory will be closed at the end of next month, and 1431 employees will be dismissed.


    Of course, there will be severance pay for dismissal of multinational pharmaceutical companies.


    In addition, Huizhi stated that it will cooperate with local labor market and other organizations to provide reemployment plans for employees affected by factory closure


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