ARTICLE | Company News

Merck KGaA planning cost cutting measures

February 28, 2012 2:16 AM UTC

Merck KGaA (Xetra:MRK) said it is planning to cut costs, including potential headcount reductions, across all of its businesses and regions to address inefficiencies in its organization and increased product competition. The company, which did not release details, said it would be premature to do so until after consulting with respective employee representatives in different countries. ...