-- Bayer's new chief executive is planning to cut some management jobs in the middle-to-upper layers of management as he prepares an overhaul of the company's structure, Reuters reports, citing unnamed sources.

-- Chief Executive Bill Anderson is expected to announce the cuts at an internal strategy meeting, though the number of jobs affected or the timing of the announcement weren't made known, according to Reuters's sources.

-- Bayer declined to comment to Reuters.

Full story: https://shorturl.at/djB26

Write to Cecilia Butini at cecilia.butini@wsj.com

(END) Dow Jones Newswires

September 15, 2023 03:12 ET (07:12 GMT)

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