Heard from two different sources that Novartis plans to move HQ from Basel to Boston. Does anyone know if it's true?
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Will Novartis move HQ from Basel to Boston?
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They are continuously reducing the workforce in Basel. The most recently announced headcount reduction will affect 500 jobs in Switzerland, which could be a signal that there is a bigger strategy being cooked ?
yea but those 500 spots in Basel is pretty equivalent to the reduction in the US. Just in EH in July there are 200+ and I'm sure come wave 2 and 3 that number will be close to if not over the 500 number from Basel. Thanks Vas!
The bigger strategy being..................................................financials?