Job cuts at pharmaceutical giant Bayer: Many managers have to leave. As of: April 3, 2024, 12:19 p.m By: Tim Krupka CommentsPressSplit In order to increase efficiency and save costs, the Leverkusen-based pharmaceutical and chemical company Bayer would like to have significantly fewer management levels in the future.

Bill Anderson, who has only been in charge of the company since June 2023, has to deliver and is likely to push ahead with the comprehensive restructuring.