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Metalor closing watch, gold production

GenevaLunch News Neuchatel, Switzerland (GenevaLunch) - Metalor, Neuchatel-based international company in precious metals and gold, will be laying off 110 people as it closes its watches and jewelry...

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Pfizer lays off 6,000 in major restructuring

GenevaLunch News Drug company Pfizer, in what it describes as a major restructuring, will lay off some 6,000 workers worldwide. Ireland’s Pfizer operations will cut 785 jobs. The news comes as 1,200...

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Cuba to shed 500,000 state employees

GenevaLunch News The Cuban government will lay off half a million state employees over the next six months, the confederation of  trade unions announced 13 September in the official newspaper, Granma....

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Cisco rumoured to be slashing up to 10,000 jobs

GenevaLunch News GENEVA, SWITZERLAND – Cisco, which has three Swiss offices, including one in Rolle in canton Vaud, was busy presenting its latest products at Cisco Live in Las Vegas, Nevada Wednesday...

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Novartis 2,000 job cuts in US result of patent ending, new drug demand fall

GenevaLunch News BASEL, SWITZERLAND – Novartis will be cutting close to 2,000 jobs in the US, in New Jersey, as the result of an expected fall in demand for a relatively new medicine and the expiry of...

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Yahoo! in Rolle reported to be laying off up to 2 dozen

GenevaLunch News LAUSANNE, SWITZERLAND – The young Yahoo! firm in Rolle, which will move into its specially-built offices in June, is reported by RTS, Swiss public broadcasting, to be laying off “one...

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HP to lay off 27,000

GenevaLunch News GENEVA, SWITZERLAND – Hewlitt-Packard, which has its Europe-Africa-Middle East head office in Meyrin, Geneva, announced Wednesday from its head office in California that it expects...

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Merck Serono employees take stance, set possible strike date

GenevaLunch News GENEVA, SWITZERLAND – Three options have been handed to the owners of Merck Serono by the companies employees, who face either a transfer or in the case of most, the loss of their...

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Swiss journalism faces hard winter (update)

GenevaLunch News Publishers to end collective contracts by 2014 GENEVA, SWITZERLAND – A shock wave hit the world of Swiss journalism Wedneday afternoon, with news from French-language new publishers...

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Online mortgages up, more PostFinance accounts, computer peripherals down

GenevaLunch News Logitech to lay off 140 GENEVA, SWITZERLAND – Computer peripherals specialist Logitech in Morges said Friday 1 March it will lay off 140 employees as part of its cost-cutting measures....

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