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Novartis laying off 59 New Jerseyans at U.S. headquarters

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A cropped view of the Novartis sign at the company's U.S. headquarters in East Hanover
A cropped view of the Novartis sign at the company's U.S. headquarters in East Hanover - (Novartis AG | http://flic.kr/p/8k4jPy)

A Novartis spokesman on Thursday said 59 of the 92 employees being laid off at its U.S. headquarters in East Hanover are New Jersey residents.

The company is laying off 760 employees nationwide, amid changes meant to position it for new product launches in the coming year, the Star-Ledger reports.

Spokesman Eric Althoff told the Star-Ledger the layoffs will occur in the pharmaceutical and general medicines divisions of the company, which will provide severance and job search help to those who lose their jobs.

Novartis announced in January the layoff of 222 New Jersey residents as part of a plan to close its Suffern, N.Y. manufacturing plant. It blames that closure on the expiration of a patent which has allowed rivals to make cheaper, generic alternatives.

The East Hanover layoffs bring the total New Jersey jobs lost at Novartis this year to almost 300. The company was included on a 2013 list by Working Mother magazine of the best companies for working mothers.

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