Bayer to cut 12000 jobs; exit animal health business

MOSCOW (MRC) -- Bayer plans to exit animal health business, consumer health brands Coppertone and Dr Scholl's, and cut 12,000 jobs worldwide. The company also plans to sell its 60 percent interest in Currenta, a JV with Lanxess, as per Worldofchemicals.The company aims to strengthen its core life science businesses following the takeover of Monsanto. The job cuts are expected to be comple

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