Friday, July 29, 2011

Merck To Cut Up To 13,000 Jobs

Merck & Co. (MRK) said Friday that it would widen its cost-cutting measures by eliminating up to 13,000 jobs--on top of the 17,000 layoffs in prior actions--as the drug maker faces generic competition and other pressures.

Read more: http://www.foxbusiness.com/industries/2011/07/29/merck-to-cut-up-to-13000-job...

Posted via email from Jack's posterous

No comments: