Serono workers plot strike, lash out over R&D failures

Whipped into action by the stunning news that Merck KGaA plans to shutter Serono's big Geneva facility, FiercePharma reports that workers are preparing a strike, claiming that the pharma company has been sugarcoating the big layoffs being planned. When it made its initial announcement, the German company said that it planned to transfer 750 workers. But employee groups say that few are willing to take the transfers, as they are being offered "really unattractive" pay packages. And investigators are claiming the company's cumbersome decision-making process has caused poor productivity of recent years. A strike is being threatened for tomorrow. Story