Liftstream is an executive search recruitment company in the life sciences sector
The San Diego biotechnology cluster is among the top biotech clusters in the US. Life sciences activity accounts for more than $31.8 billion of economic impact in San Diego. According to California Life Sciences Industry 2016 Report (here), San Diego biotech cluster employed 38,061 people in 2014.
A couple of weeks back Liftstream wrote about the very considerable challenges facing the Merck Serono employees in Geneva as they move towards a full site-closure. Well, this past week, Liftstream has been in another country, Sweden, reacting to the AstraZeneca site closure in Södertalje. AstraZeneca had organised a career fair on September 12th and 13th 2012, for the employees at the site, so they could access a range of different employers and contacts who would help them plan their futures.
The proposal and counter proposals have been submitted and reviewed. The employee protests roll on, although partly muted by legal disputes and management negotiations. Now though, it is decided. The shutters will come down at Merck Serono in Geneva. An estimated workforce of 1250 people will be affected, their lives driven in new directions.