OMV boss to exit Roche supervisory board

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Business

Austrian businessman Wolfgang Ruttenstorfer has decided not to reapply for a place on the supervisory board of Swiss healthcare company F. Hoffmann-La Roche Ltd. (Roche).Ruttenstorfer, who has headed Vienna-based oil and gas group OMV for eight years, entered Roche¬ís supervisory board in 2007. The Swiss health industry giant will decide on who will follow the […]

Roche Graz staff face the axe

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Business

Hundreds of jobs in Austria are at risk as Swiss healthcare company F. Hoffmann-La Roche Ltd. (Roche) plans to drastically reduce its costs.The internationally operating company said today (Weds) it planned to reduce its global staff figure by 4,800 or six per cent, adding that its target was to spend 1.8 billion Euros less a […]