Novartis AG Chops 500 Staffers, Will Shuffle Jobs To Support Product Launches

Novartis isn't the only one hiring, others are hiring too! Check it out! (Isn't it tempting?)

Swiss drugmaker Novartis (NOVN.VX) plans to reorganize parts of its domestic workforce, cutting up to 500 jobs in its pharmaceutical division to free resources for new roles to support the product launches, the company said on Tuesday. The redeployment comes as new chairman Joerg Reinhardt casts a fresh eye over the company's operations as part of a portfolio review. The Basel-based company said the changes should lead to an equal number of jobs being cut and created in Switzerland this year.

Don't forget, hundreds of biopharma companies are hiring! (We know you can't resist.)

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