Layoff's at GSK

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Duration: 3:07
Source: Revver
Author: scientistcross
Found: Aug 6, 2008

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GlaxoSmithKline a British drug making company laid off 22 chemists in an attempt to save billions on annual costs last week. GSK’s spokeswoman Melinda Stubbee confirmed the layoffs yesterday. Most of the positions that were eliminated were part of group designed to come up with a new cancer fighting drug. They announced their plan to save 1.4 billion in their 4th quarter last year. Several layoffs have taken place at the Research Triangle Park Labs since the announcement of the 3-year restructuring plan. GSK has laid off over a 1000 workers in both Puerto Rico and the US. www.EmploymentCrossing.com
Language: English
Category: Home Video
Tags: chemists", glaxosmithkline", gsk", layoff", melinda, stubbee
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