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People & Business :: People/Executives

GSK to Cut Jobs, Outsource U.K. Unit

10:58 AM MDT | March 17, 2008 | Chemical Week Editorial Staff

GlaxoSmithKline (GSK) says that during the next two years it plans to reduce its workforce and focus production solely on final-stage pharmaceutical manufacturing at its Ulverston, U.K. site. The measures, part of a wider program to reduce costs, would lead to 330 job cuts at Ulverston, about 61% of its workforce there. GSK says it plans to outsource pharma intermediates currently manufactured at the site to contract manufacturers“at globally competitive...

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