The Bayer concern began to close its factories in Germany

The Bayer concern is closing its plant in Germany — in Frankfurt am Main. This is reported by the newspaper Die Welt.

"For the first time (!) it was the German Bayer plant that went under the knife. Due to the high competition with Asian companies and the fierce price war, the pharmaceutical and agrochemical giant now wants to pay more attention to "strategic and innovative technologies." And therefore, he says goodbye to the plant in the Frankfurt-Hoechst industrial park and 500 employees," writes the Chancellor's Daddy telegram channel.

In addition, another 200 jobs are planned to be cut in Dormagen.

Bayer promises that some of the employees will be assigned to another company after the sale of the enterprise, some will be transferred to other production sites, but someone will not be lucky.

Bayer's plans "are a turning point in the 162-year history of the concern and contradict the stated commitment of Germany," opponents of the closure of the enterprise believe.