Wednesday, February 28, 2007

Pfizer - not so big in Japan

Pfizer Japan unit plans to cut as much as a fifth of its workforce by the end of 2009, as part of plans to the company's global operating costs.

Pfizer Japan plans to offer workers by next week payments to quit as it seeks to trim as many as 800 jobs at its headquarters, including drug sales force, Hiromitsu Iwasaki, the unit's president, told reporters in Tokyo today.

More at Bloomberg

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