More revamp at Bayer as it axes 90 at its U.S. headquarters in New Jersey

At a recent skull session in a conference room at Bayer’s U.S. headquarters in Whippany, New Jersey—captured in a story last week in The Wall Street Journal—employees gathered around a huge circular floor mat, emblazoned with reorganization mantras such as “dynamic shared ownership” and “reimagining the system.”

These catchphrases are helping Bayer’s staffers understand the company's effort to eliminate its bureaucracy. Another lesson came recently at the U.S. headquarters as Bayer notified 90 employees at the Whippany office that they will receive pink slips.