He told reporters some 15,000 of its employees globally will be affected by the changes but that no one will be fired by Novartis- all employees whose units are being sold off will be transferred to the new owners.
Novartis reshapes business with GSK, Lilly deals →
"The transactions mark a transformational moment for Novartis," Jimenez said. "They also improve our financial strength, and are expected to add to our growth rates and margins immediately."
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