Showing posts with label job cuts. Show all posts
Showing posts with label job cuts. Show all posts

Thursday, January 15, 2009

Wednesday, November 05, 2008

GSK to lose 1000 US Barbies and YAMs

GlaxoSmithKline Europe's largest drugmaker, will eliminate 1,000 sales positions in the U.S. as part of a plan to trim costs.

The jobs will be cut by the end of the year, Claire Brough, a company spokeswoman, said in a telephone interview today. Glaxo said in October 2007 that it would cut jobs in sales, manufacturing and research as part of a plan to save 700 million pounds ($1.12 billion) per year by 2010.

In June, the company said it planned to cut about 350 jobs in research and development in the U.S., U.K. and Italy.

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