Novartis AG (NVS) Staff on Strike Over Job Cuts  
11/16/2011 7:49:23 AM

Employees working at the Nyon-Prangins site of Swiss pharmaceutical giant Novartis went on strike on Wednesday over the firm's decision to close the factory and slash over 300 jobs. “Production has stopped. This morning, the machines were no longer working and there is also strong mobilisation in the research division,” Jean Kunz from Swiss union Unia told Swiss news agency ATS. The 700 employees are at the site in western Switzerland are hoping to force Novartis to examine alternatives for affected employees.