Drugmaker GSK to Eliminate 650 US Jobs

Reuters
By Reuters
September 5, 2018US News
share
Drugmaker GSK to Eliminate 650 US Jobs
The GlaxoSmithKline (GSK) logo is seen on top of GSK Asia House in Singapore, March 21, 2018. REUTERS/Loriene Perera/File Photo

British drugmaker GlaxoSmithKline Plc said on Sept. 5 it would cut about 650 positions in the United States related to a global restructuring program it announced in July.

The job cuts would include about 100 each in its back office in Philadelphia and at Research Triangle Park, North Carolina, and 450 sales representatives, GlaxoSmithKline spokeswoman Mary Anne Rhyne said in a statement.

The savings from these cuts will help fund increases in research and development and commercial support of new products, Rhyne said.

GSK employs about 15,000 people in the United States.

By Sathvik N

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.
Comments