AstraZeneca to Cut 1,400 Jobs, Shut Units by 2013

AstraZeneca says it will cut a total of 1,400 jobs and permanently close plants at Destelbergen, Belgium; Porrino, Spain; and Umea, Sweden by 2013. Some of the job cuts will be at its Macclesfield, U.K. and Södertälje, Sweden facilities, AstraZeneca says. “These moves are a continuation of AstraZeneca’s program to improve the organization’s productivity and efficiency,” says David Smith, executive v.p./operations at AstraZeneca. “We believe these changes are necessary for the long-term strength of the business.” The...

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