Philip Morris International (PMI) will reorganize its global and regional functions based in Switzerland which involves up to 170 positions that could either be eliminated or transferred to other countries.

Approximately 140 positions would concern the company’s workforce in Lausanne and the remaining 30 are in global functions based in Neuchatel, said the company.
"The intended restructuring aims to reduce complexity and reallocate resources to better support PMI’s long term growth around the world," said the company.
PMI employs approximately 3,000 people in Switzerland, just over 1,950 of which work in the global and regional functions that are the subject of the proposed restructuring.
The restructuring plans do not involve several other PMI entities in Switzerland, including the company’s Swiss market affiliate Philip Morris SA, as well as PMI’s R&D Center and manufacturing facility in Neuchatel. (ci)