Drugs firm Bayer cuts 6,100 jobs
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German drugs firm Bayer announces 6,100 job cuts worldwide as part of a major cost-cutting drive.
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By Sarah K. Winn  sarahkwinn@wvgazette.com  Dow Chemical Co. and Bayer continue to sever ties in West Virginia, although it is unclear how many jobs will be lost in the latest transaction.
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Colgate-Palmolive is to cut about 4,440 jobs -12 per cent of the workforce - and close roughly one-third of its factories amid fierce competition from Procter &amp; Gamble.
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Drug giant Merck, stung by its handling of the recall of the arthritis drug Vioxx, says it will cut about 51-hundred jobs by the end of the year.
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The company will cut more than 6 percent of its shrinking work force, as part of a plan to improve sagging financial and operational results.
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Siemens AG plans to cut 1,250 jobs in its wireline network business as it restructures the unit, the German engineering giant said Friday.
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Tate & Lyle is to cease production of citric acid at a North Yorkshire factory, with the loss of 100 jobs.
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Eli Lilly and Co. said Thursday it will eliminate 575 jobs to streamline operations and become more competitive. The employees in those positions, mostly sales and support jobs, will be given the choice of
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Drugs giant AstraZeneca announces it is to cut more than a quarter of the jobs at a plant in Cheshire.
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BOSTON -- Putnam Investments said Monday it will cut about 100 jobs, an announcement that came a week after parent company Marsh &amp; McLennan Cos.
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Swiss drugs firm Novartis says it is cutting about 2,500 global jobs in a bid to cut costs.
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THE photo-equipment maker Kodak yesterday announced plans to axe 600 jobs in the UK and close a factory in Nottinghamshire, in a move in line with the giantâs global restructuring strategy unveiled last January.
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Pharmaceutical giant Merck &amp; Co., under siege over revenues lost since it recalled arthritis drug Vioxx, will have cut about 5,100 jobs by year&#39;s end, 700 more than first planned, and will slash costs by $2.4 billion over four years, chairman and CEO
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Switzerland's Novartis AG will slash 2.5 percent of its global workforce, aiming for annual savings of $1.6 billion in 2010, becoming the latest major drugmaker to undertake a deep restructuring.
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Switzerland's Novartis AG will slash 2.5  percent of its global workforce, aiming for annual savings of  $1.6 billion in 2010, becoming the latest major drugmaker to  undertake a deep restructuring.
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Insurance firm Royal & Sun Alliance says it is cutting 1,100 jobs in the UK and moving the posts to India.
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Merck & Co. Inc. MRK.N, whose  earnings are being hurt by the withdrawal of its arthritis drug  Vioxx, said on Tuesday it has increased the number of jobs to  be cut by year-end to 5,100 from 4,400.