Roche today disclosed the measures it plans to take as part of its Group-wide Operational Excellence Program, announced in September. The initiative is a response to mounting cost pressures in ...

Roche’s diagnostics division accounted for over 22% of the Swiss group’s total international sales in 2018, bringing in $12.98 billion U.S. compared to the pharmaceutical side’s $44.29 billion.

Roche announced plans to cut some 4,800 jobs, or 6% of its total workforce, as part of a move it hopes will save CHF 2.4 billion (about $2.4 billion) every year from 2012 onwards.