NEW YORK AP - Pfizer Inc. announced Monday it will cut 10,000 jobs, as the world's largest drugmaker seeks to slash its annual costs by up to $2 billion by 2008 amid fierce competition from generic drugs.The company said it will close three research sites in Michigan and two manufacturing plants in New York and Nebraska.
January 23, 2007 at 12:00 AM
1 minute read
NEW YORK AP – Pfizer Inc. announced Monday it will cut 10,000 jobs, as the world’s largest drugmaker seeks to slash its annual costs by up to $2 billion by 2008 amid fierce competition from generic drugs.
The company said it will close three research sites in Michigan and two manufacturing plants in New York and Nebraska. It may also sell another manufacturing site in Germany and close research sites in Japan and France.
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