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Executives at German agrichemical and pharmaceutical giant Bayer will on Thursday present long-anticipated plans that involve extensive job losses. Bayer announced on Wednesday evening that it would be introducing a new organizational model and examining all areas of the company for possible savings. Jobs will be eliminated, the company said, although it is not year clear how many positions or in what divisions. Bayer management and labour representatives will answer questions from employees at the online event on Thursday afternoon Current Bayer chief executive Bill Anderson took over leaders…

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