Πηγή: FiercePharma | Tracy
Staton
Two drug company reorganizations. Two goals in mind. One common obstacle.
As Teva Pharmaceutical Industries copes with the Israeli backlash from last
week's layoff announcement, Sanofi continues to feel the heat from French
leaders on its own R&D restructuring scheme.
The situation Teva now faces is
eerily similar to Sanofi's experience in
France last year. Immediately after learning that job cuts would hit Teva's
home country, Israel, local labor leaders vowed to strike. By this morning,
government officials had jumped into the game. Reportedly, Israeli Finance
Minister Yair Lapid and labor leaders "see eye to eye" on the need to
protect Teva's employees. And State Comptroller Joseph Shapira called Teva's
layoff plans "out of place."
"We heard what large amounts the executives get as benefits or
bonuses, and when the moment of truth comes to pay taxes, they announce
layoffs," Shapira told Ynet. His opinion echoes that of "many
educated others' who have said (the same) in recent days," he said.
It appears Teva's job-cutting plans--like Sanofi's before it--are
particularly irksome to officials because they come amid other companies'
layoff announcements. In Teva's case, that's Oil Refineries Ltd., which said it
would cut 240 employees loose as it works to renegotiate its debt load. Ofer
Eini, who heads up the confederacy of Israeli trade unions, Histadrut, today
convened a special meeting about both companies' job-cutting plans. Eini also
planned to meet with Teva CEO Jeremy Levin, Globes
reports.
Meanwhile, after months of negotiating with French officials about its
plans to centralize R&D operations at home--and cut jobs in the
process--Sanofi faces another round of worker strikes at sites around France.
Last year, Sanofi CEO Chris Viehbacher agreed to
scale back Sanofi's job cuts at home--to 900 jobs, compared with union
estimates of 2,500--but pledged to consolidate several research sites into a
few French clusters. Now, Reuters reports that Sanofi wants to cut 186
jobs in research and transfer 453 others to other sites.
Sanofi's site in Toulouse is a particularly thorny problem; as Reuters
notes, Viehbacher last year said Sanofi would keep the site open for about 5
years, but it still wants to shrink its workforce there. As one union leader
said, some Sanofi employees will refuse to move from Toulouse to the new
clusters in Paris, Lyon and Strasbourg, "and they'll find themselves
without a job."
For both companies, operations in their home countries are proving more
difficult to cut than those in other countries. Morningstar analyst Damien
Conover told Reuters that "having the operations in France is sort
of a handicap for [Sanofi]." Likewise for Teva, which reportedly is
considering shifting manufacturing from Israel to countries with lighter
regulation--and weaker unions. Meanwhile, according to Haaretz, Teva is
stepping up production of all its products now in case of a forced shutdown.