Sanofi-Aventis to Cut 1,700 Jobs in the U.S.

by David Schepp on Oct.08, 2010, under Towing

Sanofi-Aventis (SNY) said Friday it plans to lay off 1,700 workers at its U.S. pharmaceutical operations, which amounts to about 25% of its U.S. workforce. The cutbacks are part of an ongoing restructuring to streamline its business amid a “challenging health care marketplace,” the company said in a statement.

The French drugmaker said decisions about the layoffs will be finalized in mid-December….

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Sanofi-Aventis to Cut 1,700 Jobs in the U.S. originally appeared on DailyFinance on Fri, 08 Oct 2010 11:47:00.

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