Within the new operating model, the cuts, including managers, will begin in the coming months and will end at the end of 2025
Bayer AG said it agreed with worker groups on a plan to eliminate a “significant” number of jobs in a bid to streamline operations and improve company results.
Bayer is establishing a new operating model that will mean the reduction of “many managerial employees”, the company said in a statement sent Wednesday. The cuts will begin in the coming months and will end at the end of 2025.
CEO Bill Anderson has repeatedly stressed that Bayer – and most large companies – They are plagued by bureaucratic systems that limit people’s ability to do their jobs well. The manager has said that it is necessary to transfer power to the workers closest to the clients so that decisions can be made more quickly and that workers find their work more rewarding and fun.
Anderson implemented many of these approaches during his time at Roche Holding AG as head of the pharmaceutical division.including the elimination of traditional annual budgeting processes and introducing 90-day cycles in which workers are rated on how they spend company resources.
“Bayer is currently in a difficult situation for several reasons,” Heike Prinz, Bayer’s labor director and member of its board of directors, wrote in the statement. “Long-range measures are necessary.”
