Swiss pharmaceutical giant Roche (RHHBY) said Wednesday it is slashing 6% of its workforce, or 4,800 jobs, most of them in the U.S. This is part of the drugmaker’s plan to get a handle on costs, which comes in response to recent drug setbacks and as the sector feels the effect of global healthcare cost cutting.
The Basel, Switzerland-based company said the plan is expected to result in annual cost…
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Pharmaceutical Giant Roche Cutting 4,800 Jobs originally appeared on DailyFinance on Wed, 17 Nov 2010 10:10:00.
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