Teva cutting 200+ local jobs as part of broader restructuring plan

Teva Pharmaceutical Industries will be laying off more than 200 local employees as part of a major restructuring plan designed to save the company $3 billion by the end of 2019. The Israeli generic drug maker, which calls North Wales, Pa. its U.S. headquarters, said last month it would eliminate 14,000 positions globally — more that 25 percent of its total work force — over the next two years. It has about 56,000 employees worldwide including about 2,000 people in Nor th Wales, West Chester and…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news