This page shows the latest job cuts news and features for those working in and with pharma, biotech and healthcare.
The project has since been dropped, and its demise prompted a wave of job cuts at the loss-making biotech later in 2019 in an effort to slash $150m off its
Earlier this year, Sanofi said its pipeline could generate nine new medicines and 25 additional indications for existing drugs between 2019 to 2022, and subsequently announced a series of job and ... programme cuts as it shifted R&D resources to more
Follows company making job cuts in September as part of cost-saving efforts. ... At the time, Alkermes said that the job cuts would result in savings of around $150m, which it would use on ‘measures related to external spend’.
The blockbuster has seen a step decline in sales due to biosimilar competition in Europe and pricing pressure in the US, which has hit Sanofi hard and led to job cuts
The £1bn tranche could also be viewed as merely reversing cuts hospital trusts were asked to make this year, according to the King’s Fund. ... His largesse since taking the top job – promising tax cuts across the board and 20, 000 new police
The job cuts will mostly be in France, but reductions will also hit Germany. ... Making job cuts isn't as easy to do in these countries as it is in the US, and the company is now entering into consultations with unions, while stressing that
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That’s a lot of wasted resources. Conversely, engaged employees are invested in their company’s vision, commit wholeheartedly to achieving their objectives and seek responsibility beyond their job description. ... Where other sectors have rushed into
The month opened with the news that Merck &Co is eliminating a further 8, 500 jobs, in addition to the previously announced 7, 500 job cuts, in its plan to reduce
Pharma struggling with unpaid drug bills, price cuts and cost-containment measures amid upheaval of healthcare system. ... The reform is also expected to lead to significant job cuts (around 9, 000) in the public health sector, which will take place
Confronting mortality. Significant cuts may be on their way over the next four years, but Takeda and Nycomed have perhaps already come through the hardest parts of today's pharmaceutical environment.
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These poor sales meant the company reported operating losses of around $300m and major job cuts.
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