The Rapid Growth Of Lay-Offs In Pharma Industry

[24/7 Wall St.]

24/7 Wall St. Daily News

Bristol-Myers Squibb (NYSE: BMY) will lay-off nearly 1,000 workers. That is on top of large rounds of firings in 2007 and 2008. The company gave an odd reason for the action. “The ultimate goal of the initiative is not only to reduce costs but also to create an organization that is more agile.” The statement [...]

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