Global Drug maker Bayer has decided to shift its strategic focus but has no plans to halt operations in Pakistan.
According to a statement issued by the multinational pharmaceutical company, the company said it is analyzing which of its manufacturing activities may no longer be of strategic focus going forward. Bayer intends to stay put and continue operations in Pakistan despite the shift.
The corporation disclosed that it plans to transfer certain assets, including its pharmaceutical and consumer health production plant in Lahore, as well as certain brands from its pharmaceutical and consumer health portfolios, to another company with a strong presence in Pakistan.
More importantly, Bayer Pakistan employees affected by the strategic shift will be transferred to the acquirer with a two-year job guarantee, matching compensation, and special bonuses.
The company said there have been no layoffs. Meanwhile, employees impacted by the move have already signed offer letters issued by the acquirer.
Bayer products in Pakistan include pharmaceuticals to treat a variety of medical conditions, consumer health products that enable people to take charge of their everyday health, and crop science products that are essential to supporting the agriculture industry.
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discrimination did by Bayer local Hr and National sales manager to save their job,most worst organisation toward people for safety and future not a employee friendly company
Ultimately Monsanto will remain to pay claims
false statement from management.no special bonuses..we want servelence package as all over the world employees got.
This Statement is not so True.
They sell their employees to another company, prior to signing the offer letter.
Diverseted employees demand only severance package from Bayer.
Bayer strongly disagree on this matter moreover before time Bayer demand resign.
In Pakistan where is justice.
I request to Chief Justice of Pakistan,
President of Pakistan, and Prime Minister of Pakistan.
Please do something for us.
Why there is discrimination for Bayer Pakistan Divested employees, we want Severance package as its given globally.where are LIFE values in Bayer Pakistan.
4 salaries…..this is what they call spacial bonuses and fair compensation. Employees have given their lives to get what??? 4 salaries…..
Bayer divested 70% employees and business and have plan to leave businesses from Pakistan partially.
Employees who are divested to a local company didn’t get any severance package unlike other multinational companies. Which is very unfair deal for employees who earned billions for the company and at the end they are facing inhuman treatment.
False statement as Bayer sold 60%value business also transferred 70% field force employees why no equal policy to transfer Head office employees.
and now HR of Bayer force people for resignation.
Need Justice for Pakistani employees of Bayer pharma
As these Bayer employees of Pakistan given golden ages to bayer pharma but in return of this Bayer given only 2 salaries and kickout to the local ferm which is not justice. They need to them severance package as they given in many countries.