Bayer boss Bill Anderson starts the first phase of the restructuring

Dusseldorf The American Bill Anderson has been head of the pharmaceutical and agricultural chemicals giant Bayer for a good hundred days. Now his first major project is emerging: an extensive restructuring will reorganize and streamline the entire organization and processes of the DAX group.

This will also involve job cuts, especially at management levels, several people familiar with the situation confirmed to Handelsblatt. Bayer did not want to comment.

Corporate circles say that the primary motivation behind the project is not the desire or pressure to reduce costs. Rather, Anderson is pursuing his idea of ​​how he imagines collaboration in a modern organization: the 56-year-old believes hierarchies, bureaucracy and processes characterized by tradition are the biggest obstacles to company success.