Eye care group Alcon is reportedly planning to lay off 2% of its workforce – or almost 500 workers – as part of a multi-year strategy to cut costs.
The company did not provide further information about the jobs involved.
Last month, Alcon told investors that it would cut an additional $100 million from expenses through next year to improve efficiency. The new cuts are on top of plans announced in 2019 to reduce costs by up to $225 million.
