Looking beyond the spin of Big Pharma PR. But encouraging gossip. Come in and confide, you know you want to! “I’ll publish right or wrong. Fools are my theme, let satire be my song.”
Email: jackfriday2011(at)hotmail.co.uk
Wednesday, October 22, 2008
Merck to slash middle management
Pharmaceutical giant Merck said Wednesday that it will cut 7200 jobs by the end of 2011 to lower costs, with 40% of the reductions coming from the U.S.
Merck also will cut its number of senior and mid-level executives by about 25%.
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