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Bayer AG has announced a significant restructuring of its pharmaceutical leadership team as part of an initiative to streamline operations for the next phase of growth. The move, which was initially framed in a press release as promotions within the team, actually involves half of the pharma leadership being moved off their current positions. This development was further elucidated by journalists who dug deeper into the company's announcements. Bayer's CEO has positioned this shakeup as a fight against corporate bureaucracy, aiming to adapt to modern business demands by reducing the number of bosses and simplifying rules. This restructuring, involving the company's stock $BAYRY, is described as one of the most audacious corporate experiments in recent times, signaling a shift towards a more agile and less bureaucratic management style.
