Sanofi Reorganizing Research, Trimming Sales Force

AP
Sanofi job cuts layoffs
Sanofi job cuts layoffs

By Linda A. Johnson


TRENTON, N.J. (AP) -- French drugmaker Sanofi SA said Wednesday that it's reorganizing research operations in the U.S. and planning to trim its sales force for the second time in barely a year as it aims to boost efficiency.

The sales job cuts, which are to start with voluntary buyout offers, are due to generic competition eroding sales of some existing drugs and other drugs faring poorly in testing for some uses, which limits sales potential.