Feb 17 • 08:48 UTC 🇩🇪 Germany FAZ

Consequences of Job Cuts: Marburg Capitalists

Three pharmaceutical companies in Marburg are cutting hundreds of jobs, though it may not negatively impact the city's finances.

In Marburg, three pharmaceutical companies are significantly reducing their workforce, reflecting a crisis in Germany's pharmaceutical industry. As the companies adjust, it is expected that Marburg will see a reduction of at least 1,000 jobs in the pharmaceutical sector within months. The CSL Group, an Australian firm, is particularly impacted, as its subsidiary CSL Innovation, which employed 500 people, is shutting down, and another division, CSL Behring, might lose up to 450 positions.

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