AstraZeneca has announced a further 7,300 job cuts over the next two years as part of a new restructuring programme to save $1.6bn (£1bn) a year.
The job cuts come on top of a programme of 9,000 job losses started in 2010.
The UK's second-largest drugs firm has 61,000 staff globally of which 8,000 are in the UK.
The Anglo-Swedish firm also announced a fall in pre-tax profits for the three months to the end of December to $2.05bn compared with $2.28bn in 2010.
It is the third restructuring programme the company has carried out since 2007. AstraZeneca cut 12,600 positions between 2007 and 2009.
The company said it was consulting on the latest round of job cuts.
Thursday, February 02, 2012
BBC News - AstraZeneca to cut a further 7,300 jobs