Thursday , November 21 2024
Home / SNB & CHF / Johnson & Johnson Swiss branch relocation threatens 320 jobs

Johnson & Johnson Swiss branch relocation threatens 320 jobs

Summary:
The Johnson & Johnson campus in Zug © Keystone / Urs Flueeler American pharma group Johnson & Johnson (J&J) is to transfer four of its canton Neuchâtel-based subsidiaries to other locations – including abroad. The move is expected to result in the loss of up to 320 jobs by mid-2023. The company wants to move the production lines for its two of its subsidiaries in Neuchâtel, western Switzerland, to Puerto Rico and Mexico. The inspection and storage activities based at Marin will be transferred over to Selznach in canton Solothurn, a spokesman to the news agency AWP on Friday, confirming an announcement made on Thursday. The product line Ethicon Wound Closure & Repair Portfolio will cease. Overall up to 320 jobs are to be affected. A consultation process is

Topics:
Swissinfo considers the following as important: , , , ,

This could be interesting, too:

Marc Chandler writes Sterling and Gilts Pressed Lower by Firmer CPI

Ryan McMaken writes A Free-Market Guide to Trump’s Immigration Crackdown

Wanjiru Njoya writes Post-Election Prospects for Ending DEI

Swiss Customs writes Octobre 2024 : la chimie-pharma détermine le record à l’export

Johnson & Johnson Swiss branch relocation threatens 320 jobs

The Johnson & Johnson campus in Zug © Keystone / Urs Flueeler

American pharma group Johnson & Johnson (J&J) is to transfer four of its canton Neuchâtel-based subsidiaries to other locations – including abroad. The move is expected to result in the loss of up to 320 jobs by mid-2023.

The company wants to move the production lines for its two of its subsidiaries in Neuchâtel, western Switzerland, to Puerto Rico and Mexico. The inspection and storage activities based at Marin will be transferred over to Selznach in canton Solothurn, a spokesman to the news agency AWP on Friday, confirming an announcement made on Thursday.

The product line Ethicon Wound Closure & Repair Portfolio will cease. Overall up to 320 jobs are to be affected.

A consultation process is currently taking place with the employees in Ethicon, Ethicon Women’s Health & Urology et Medos. A definitive decision on the final impact on employees will be taken after the consultation is over, the company said.

As only a few employees are affected at Medos International, no consultation is taking place at this subsidiary, it added.

The changes are expected to take place over the next few years, finishing by mid-2023.

Jean-Nathanaël Karakash, Neuchâtel minister in charge of the economy, said he was surprised and shocked by the news. He told local radio RTN that the authorities intended to open discussions on the move, Swiss public television RTS reportedExternal link.

J&J remains in Switzerland, the spokesman underlined. It currently employs 4,400 people here.


Tags: ,,

Johnson & Johnson Swiss branch relocation threatens 320 jobsDon’t miss posts anymore!
Subscribe to our newsletter!

About Swissinfo
Swissinfo
SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.

Leave a Reply

Your email address will not be published. Required fields are marked *