/news/ - News

News & Current Events + Happenings

Posting mode: Reply

Check to confirm you're not a robot
Name
Email
Subject
Comment
Password
Drawing x size canvas
File(s)

Remember to follow the rules

Max file size: 350.00 MB

Max files: 5

Max message length: 4096

Manage Board | Moderate Thread

Return | Catalog | Bottom


News & Current Events + Happenings
/news/ deserves actual news. Declaring agendas are not news. Do not post trolling bait threads.
Post quality threads only, and it's voluntary to crosspost them to /pol/
Never mandatory.

Expand All Images


Bayer Pharmaceuticals To Fire 12,000 After Monsanto Legal Troubles Reader 11/29/2018 (Thu) 17:53:15 Id: f2f45a [Preview] No. 13312
MONSANTO MEGADEATH RELATED:
https://archive.fo/4XyVl (Weed-Whacking Herbicide Proves Deadly to Human Cells)
https://archive.fo/dis4i (Study Confirms Glyphosate Causes Liver and Kidney Failure)
https://archive.fo/D1dLr (Obama's EPA Colluded With Monsanto To Allow Cancerous Herbicide Roundup)
https://archive.fo/OKNB1 (New Evidence About the Dangers of Monsanto’s Roundup)
https://archive.fo/bpoKc (GMO Crops Killing Millions of Kangaroos In Australia)
https://archive.fo/7WvSX (Brazil Bans GMO Crops: TOXIC)
https://archive.fo/s6tbb (Russia Bans GMO Crops: TOXIC)
https://archive.fo/pm10o (Netherlands Bans GMO Crops: TOXIC)
https://archive.fo/Wrtie (38+ Countries Have Banned GMO Crops So Far: TOXIC)
https://archive.fo/yKY6D (64+ Countries Have GMO Warning Labels So Far: TOXIC)
https://archive.fo/3KgHk (UK Bans Monsanto Roundup, Glyphosate Over Toxicity)
https://archive.fo/85Teb (Commiefornia Wine Found Contaminated With Glyphosate)
https://archive.fo/XAQDs (Monsanto Lied, Bullied Scientists To Hide Cancer Risks)
https://archive.fo/5Zpd8 (Brazil Bans Glyphosate Due To Cancer Risks)
https://archive.fo/1r8gZ (Judge Rules Against Monsanto, Ordered To Pay $290 Million For Causing Cancer)
https://archive.fo/ddntR (Monsanto's Glyphosate Linked To Global Decline In Honey Bees)

German pharmaceuticals and chemicals giant, Bayer, announced plans to cut 12,000 out of 118,200 jobs worldwide, or roughly 1 in 10 jobs, in hopes of cutting costs and regaining investor favor after a series of legal setbacks over its purchase of Monsanto earlier this year.

As the FT reports, the proposed reorganization include a plan to exit the market for animal health products, as well the company's Coppertone sun care and Dr. Scholl’s foot care product lines; Bayer also plans to sell the group’s 60% stake in service provider Currenta.

"Including the synergies expected from the acquisition of Monsanto, Bayer anticipates annual contributions of €2.6bn from 2022 on as a result of its planned efficiency and structural measures," the group said in a statement.

Werner Baumann, the Bayer chief executive, said: “With these measures, we are positioning Bayer optimally for the future as a life sciences company.”

The group’s shares have tumbled in recent months, after a California court awarded $289MM in damages to a school groundskeeper with terminal cancer.

The jury found that the man’s sickness was the direct result of his exposure to the infamous weedkiller manufactured by Monsanto. The sum has since been reduced by a higher court, but analysts and investors worry that the avalanche of follow-up cases will be costly for Bayer all the same.

https://archive.fo/EMR39
https://www.zerohedge.com/news/2018-11-29/bayer-fire-12000-after-monsanto-legal-troubles



Top | Return | Catalog | Post a reply