Global Breaking News on GMOs and Pesticides 5 December 2018: Bayer Slashes Jobs!

5 December 2018 — Sustainable Pulse

Bayer Slashes 12000 Jobs as Monsanto Takeover Turns Sour

Bayer, the German drugmaker that bought U.S. seed company Monsanto earlier this year, announced on Thursday the sale of a number of businesses, around 12,000 job cuts and 3.3 billion euros ($3.8 billion) in impairments, Reuters reported. Chief Executive Werner Baumann is under pressure to boost Bayer’s share price after a drop of more than […]

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