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Novartis to cut 220 jobs as it closes German site - Finance news and analysis from Global Banking & Finance Review
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Novartis to cut 220 jobs as it closes German site

Published by Global Banking & Finance Review

Posted on May 5, 2026

1 min read

· Last updated: May 5, 2026

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Novartis to cut 220 jobs as it closes German site

Novartis Announces Job Cuts and Site Closure in Germany

Details of the Site Closure

May 5 (Reuters) - Swiss drugmaker Novartis said on Tuesday that it is set to cut around 220 jobs in Germany as part of the planned closure of a production site by the end of 2028.

Reasons for the Closure

The production site in Wehr, Germany, which manufactures tablets and capsules, is no longer competitive, the Swiss company said in a statement.

Clarification on Related Factors

The planned site closure is not related to Novartis' recent ramp-up in investments into U.S. manufacturing following U.S. tariff threats, nor connected to Germany’s new healthcare measures, Novartis told Reuters separately in an email. The company remains committed to Germany as a location, it added. 

(Reporting by Marleen Kaesebier and Maggie Fick; editing by Matthias Williams)

Key Takeaways

  • Novartis will close its Wehr production site—making tablets and capsules—by end of 2028, affecting ~220 jobs (novartis.com)
  • The site is no longer competitive; however, Novartis asserts patient supply won’t be disrupted and it remains committed to Germany (novartis.com)
  • Meanwhile Novartis is investing €35 million in a new radioligand therapy production facility in Halle, Saxony‑Anhalt, expected to become operational in 2027 (novartis.com)

References

Frequently Asked Questions

Why is Novartis closing its production site in Wehr, Germany?
Novartis stated that the production site is no longer competitive, prompting its closure.
How many jobs will be affected by the Novartis site closure?
Around 220 jobs in Germany will be cut as a result of the closure.
What did the Wehr site manufacture?
The Wehr facility was responsible for manufacturing tablets and capsules.
When will the Novartis Wehr site close?
The production site is set to close by the end of 2028.

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