US seed and pesticide giant Monsanto dominates the Indian market. Farmers' families and activists there blame the company's practices for a wave of farmer suicides
Despite a pledge not to have lay-offs until 2025, a "significant number" of the job cuts at Bayer will be in Germany. More than 1,000 employees in the western city of Wuppertal came out to protest a plant closure.
Pharmaceutical company Bayer is heading for a restructuring that would see it shed 12,000 jobs in various countries, the firm's representatives said. The German giant took over US-based Monsanto earlier this year.
A US judge has denied Monsanto a new trial after finding the agrochemical company liable for its cancer-causing product. The verdict dragged down shares in Monsanto's German parent, Bayer.
Shares in German pharmaceuticals and chemicals giant Bayer have taken a dive to their lowest level in five years. Investors reacted to a shock US ruling against Monsanto, which now belongs to the Leverkusen-based firm.
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