Novartis to lay off 92 from East Hanover office, among hundreds nationwide (760 layoffs)

Source: New Jersey Star Ledger

Novartis Pharmaceuticals will lay off 760 employees from its nationwide sales and support staff, including 92 who work in East Hanover, the drugmaker's U.S. headquarters.

A Novartis spokesman today said 59 of those 92 workers live in New Jersey.

The layoffs are part of a company-wide reorganization, which the drugmaker has said is aimed at supporting the launch of new products this year. Last month, Novartis said it would shutter its Suffern, N.Y., plant, and lay off all 500 workers. More than 200 of those employees live in New Jersey.

The most recent job cuts come from the company's pharmaceutical and general medicines division, said spokesman Eric Althoff.



Read more: http://www.nj.com/business/index.ssf/2014/02/drugmaker_novartis_to_lay_off_561_workers_from_its_east_hanover_headquarters.html