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Market Chatter: Novartis to Eliminate Up to 550 Roles at Stein Facility in Switzerland
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Market Chatter: Novartis to Eliminate Up to 550 Roles at Stein Facility in Switzerland
Nov 25, 2025 2:17 AM

04:54 AM EST, 11/25/2025 (MT Newswires) -- Novartis AG ( NVS ) plans to cut up to 550 full-time jobs by the end of 2027 at its Stein facility in northern Switzerland, Reuters reported Tuesday, citing the company.

The company did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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