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job cuts

This page shows the latest job cuts news and features for those working in and with pharma, biotech and healthcare.

Pfizer drops neuroscience R&D, cutting 300 jobs

The job cuts will come mostly at its sites in Cambridge and Andover, Massachusetts, and in Groton, Connecticut, with about 100 losses expected at each.

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FDA approves Sanofi's follow-on version of Lilly’s Humalog

Humalog is just one of Lilly’s big brands facing competition, along with erectile dysfunction therapy Cialis (tadalafil) and antiplatelet drug Effient (prasugrel), and the company recently announced sweeping job cuts
Teva offloads women's health unit in quickfire deals

The company has already announced several thousand job cuts and the closure or sale of six manufacturing plants this year, with another nine under threat in 2018.
Shake-up at GSK could claim antibiotics unit and UK facilities

The firm says its plans, which are expected to lead to 320 job cuts, are not related to Brexit. ... The company said its plans - which will result in around 320 job losses - are designed to "improve the efficiency and competitiveness of its manufacturing
Novartis' Swiss head of operations reveals job cuts

Leuenberger suggests cuts are needed to maintain competiveness. Novartis has revealed that up to 500 positions in Switzerland will be eliminated or transferred to other areas over the next 18 months,
Novo Nordisk to cut 1,000 jobs as diabetes competition builds

Novo, which employs 42, 300 around the world, said that 500 of the planned job losses would take place in its home of Denmark. ... Sørensen explained that the cuts are “needed in order for us to have a sustainable balance between income and costs”.

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Latest Intelligence

Pharma deals during October 2013

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
Partial privatisation shakes up pharma market in Spain

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
Interview: Trevor Smith, Takeda

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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Dendreon CEO to step down

These poor sales meant the company reported operating losses of around $300m and major job cuts.

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