Saturday, 30 July 2011

Merck Plans to Eliminate as Much as 13% of Workforce by 2015 to Cut Costs

By Robert Langreth - Fri Jul 29 20:10:29 GMT 2011 Merck & Co., the second-largest U.S. drugmaker, plans to eliminate an additional 12,000 to 13,000 jobs by 2015, expanding a restructuring program to save as much as $4.6 billion a year. As much as 14 percent of the company’s 91,000 employees will ...


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