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SNY Sanofi

49.27
-0.19 (-0.38%)
Pre Market
Last Updated: 10:33:14
Delayed by 15 minutes
Name Symbol Market Type
Sanofi NASDAQ:SNY NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.19 -0.38% 49.27 49.26 49.28 152 10:33:14

Sanofi Plans to Cut 600 Jobs in France Over Next 3 Years

02/02/2016 2:41pm

Dow Jones News


Sanofi (NASDAQ:SNY)
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By Noemie Bisserbe

 

PARIS--French pharmaceutical company Sanofi SA (SNY) said Tuesday it plans to cut 600 jobs in France over the next three years as part of its ongoing restructuring plans.

The company said it had no plans to shut down manufacturing sites or cut research and development staff in the country.

The Paris-based drug maker said in November that it planned to reorganize its business around five global divisions--emerging markets, biotech, diabetes and cardiovascular, vaccines and animal health.

 

Write to Noemie Bisserbe at noemie.bisserbe@wsj.com

 

(END) Dow Jones Newswires

February 02, 2016 09:26 ET (14:26 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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