Pharmaceutical giant Bayer is getting rid of bosses and asking staff to ‘self-organize’ to save $2.15 billion
CEO Bill Anderson says he doesn’t want it to be a “lame” company, but its stock has still tanked 50%.
fortune.com
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I'm not sure how he's defining bosses, but if you took the MBAs out of my place I'm not sure that would be a bad thing.Pharmaceutical giant Bayer is getting rid of bosses and asking staff to ‘self-organize’ to save $2.15 billion
CEO Bill Anderson says he doesn’t want it to be a “lame” company, but its stock has still tanked 50%.fortune.com
So Bayer made Zyklon B, invests in Israel, their Round Up weed killer is subject of cancer litigation, Bayer owns Monsanto (didn't know that), their stock value has tanked since last year and Bayer's CEO uses the word "lame" in an inappropriate dated way.Pharmaceutical giant Bayer is getting rid of bosses and asking staff to ‘self-organize’ to save $2.15 billion
CEO Bill Anderson says he doesn’t want it to be a “lame” company, but its stock has still tanked 50%.fortune.com
What boggles my mind is that following the first point, not only did Bayer have the audacity to buy their way out of their guilt but Israel took their money.So Bayer made Zyklon B, invests in Israel
I knew the IG Farben story but the Israeli connection was new to me. There is a good book about the history of aspirin that covers Bayer in the early 20th century, as they are the first modern pharma company as they developed aspirin and built their empire from there.Bayer in Israel is a 21st Century development.
Along with Bayer other huge Rhineland multinationals involved in IG Farben manufacturing Zyklon B and Nazi slave labour included BASF, whose blank tapes were highly favoured back in the day, before BASF being refounded in early 1950's
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