Roche CEO Severin Schwan
Roche may have launched a cost-cutting campaign in the US and Europe, but it aims to grow in China. The Swiss pharmaceutical giant aims to increase its workforce in the Asian country by 25% this year, according to China Daily. Roche currently employs 3,000 people in China for which the expected recruitment amounts to 750 people. Just last week [see news of 6 September, Ed] Roche had launched Operational Excellence, a plan to reduce costs, citing pressure on prices in the US and Europe. On that occasion, however, the group led by Severin Scwan had not given figures on the size of the redundancies. Which, according to rumors, would however be substantial. «For China – Schwan declared – the situation is completely different. We will continue to invest and we expect that the workforce will increase».
