The local government of the Swiss canton Aargau has expressed regret at the decision by Swiss pharma giant Novartis to cancel 550 jobs in the canton. + Get the most important news from Switzerland in your inbox "A job reduction of this magnitude hits the canton and Fricktal (region in Aargau) hard as a location for the pharmaceutical industry," says Dieter Egli, head of the department of economy and interior in the northern canton of Aargau. "For Switzerland, a country with a high wage level, it is becoming increasingly difficult to maintain jobs in the manufacturing industry," adds the Social Democratic party politician, quoted in a statement. "For this reason, even in the canton of Aargau, further efforts are needed to promote the region in order to ensure long-term growth and to preserve jobs." The news of the workforce cuts is considered "particularly worrying in light of the current world market situation, in which the pharmaceutical industry is under pressure due to the price ...
