IHS Chemical Week

Chemical Week Magazine :: Pharmaceuticals & Fine Chemicals

Xoma to Slash Workforce

11:45 AM MST | January 23, 2009 | DEEPTI RAMESH

Biotechnology firm Xoma (Berkeley, CA) says it will cut 144 jobs, about 42% of its workforce, due to challenging market conditions. Most of the cuts will be in manufacturing, Xoma says. “We have made a difficult but necessary decision,” says Steven Engle, chairman and CEO of Xoma. “Although manufacturing was fully utilized in the fourth quarter, forecasted manufacturing demand in 2009 will not meet expectations. The reductions are focused on manufacturing and related areas, and associated general and administrative support, and this action will...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa