By Helena Smolak
Bayer plans to cut hundreds of jobs as part of an overhaul of its crop division in Germany.
The German pharmaceutical company said Monday that it will discontinue the production of active ingredients of crop protection products at its Dormagen site, which are available at lower prices on the global market, resulting in 200 job cuts. Its Dormagen site currently employs around 1200 staff.
It will also cut production activities at the Frankfurt am Main site, which develops herbicide active ingredients and formulations. The company plans to sell parts of these operations, while others will be relocated to existing production sites. Frankfurt am Main currently employs around 500 people, but Bayer said not all employees would be affected by cuts.
"We are committed to Germany. However, to live up to this commitment in times of considerable challenges, we need to adjust," said Frank Terhorst, head of strategy at Bayer's crop science division.
The Bayer General Works Council and chemical union IGBCE opposed Bayer's plan.
"We will not give up the site," said General Works Council Chairwoman Heike Hausfeld in a statement, adding that the planned closure and staff cuts undermine Bayer's previous plan to strengthen operations in Germany.
Write to Helena Smolak at helena.smolak@wsj.com
(END) Dow Jones Newswires
May 12, 2025 09:15 ET (13:15 GMT)
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