“Change across the company”: Bayer axes 2,000 more roles as restructuring cuts into management

What’s Going On at Bayer?

Bayer has confirmed the elimination of approximately 2,000 jobs globally in Q1 2025 as part of its sweeping, ongoing restructuring plan.
The announcement, reported by BioSpace, came during a media call on May 13, 2025, alongside the release of the company’s quarterly earnings.

• CEO Bill Anderson said the cuts affect all three Bayer divisions: Pharmaceuticals, Crop Science, and Consumer Health
• The company is “thinning management layers” as part of a strategy to become leaner and more agile, CFO Wolfgang Nickl noted
• Bayer launched its new Dynamic Shared Ownership (DSO) model in January 2024, which was expected to involve major staff reductions through 2025

Since the restructuring began in July 2023, Bayer has shed approximately 11,000 jobs globally.

More Details

Bayer reported $15.3 billion in Q1 2025 revenue – down 0.1% year-over-year.

• Revenue for top-performing drugs Kerendia (chronic kidney disease) and Nubeqa (prostate cancer) are up 87% an 78% YoY, respectively.

Impact on Canadian Staff

It remains unclear if the workforce reduction at Bayer will affect Canadian employees. The company has more than 92,800 workers across the globe.

ADDITIONAL RESOURCES
• Can I be fired after a bad performance review in Ontario?
• What Albertans need to do if they’re fired after a bad performance review
• Fired after a bad performance review in B.C.: Employee rights

Next Steps For Bayer Employees

If you’ve been affected by the layoffs at Bayer, understanding your legal rights is crucial.

Non-unionized employees in Canada’s pharmaceutical sector are entitled to severance pay based on a variety of factors, including their role, tenure, age, and ability to find similar work.

• SEE ALSO: Layoffs in Canada: Find out which employers are slashing staff

ℹ️ Want a quick overview on severance pay? Watch the video below or check out the full episode in our TV section.

Here’s What You Need to Know

• Compensation: Severance packages, which can be as much as 24 months’ pay, may include salary, bonuses, commissions, and other forms of compensation. Use our firm’s free Severance Pay Calculator to better understand your entitlements.
• Deadlines: You generally have up to two years from the date of your termination to review and negotiate severance offers.
• Action steps: Consult an employment lawyer at Samfiru Tumarkin LLP to ensure your severance package is fair and aligns with Canadian employment laws.

Lost Your Job? Contact Us

If you’re affected by the latest round of layoffs at Bayer, the experienced employment law team at Samfiru Tumarkin LLP can help.

Our lawyers in Ontario, Alberta, and British Columbia have helped tens of thousands of non-unionized individuals resolve their workplace issues.

Call us today at 1-855-821-5900 or request a consultation online.

Disclaimer: The materials above are provided as general information about the rights of non-unionized employees in Canada. It is NOT specific to any one company and should NOT be read as suggesting any improper conduct on the part of any specific employer, or a relationship between Samfiru Tumarkin LLP and a specific employer.