Novartis to cut 680 jobs in product development

Novartis to cut 680 jobs in product development

Source: 
Reuters
snippet: 

Novartis (NOVN.S) is to cut up to 680 jobs in its development organisation, which helps bring its drugs to market, the Swiss pharmaceuticals company said on Tuesday.
Around 440 jobs will go in Switzerland and up to 240 in the United States over the next two to three years, the Basel-based company said.