Drug-maker Teva set for major layoffs in Israel, US: report
A picture taken on June 11, 2013 shows the outside of the factory of Israel's Pharmaceutical Industries Teva in Jerusalem (AFP Photo/MENAHEM KAHANA)/ Jerusalem (AFP) - Pharmaceutical giant Teva is preparing to sack thousands of employees in Israel and the United States, including one quarter of its Israeli workforce, a business newspaper said Thursday. Israel-based Teva, the world's biggest manufacturer of generic drugs, will sack 25 percent of its 6,860 employees in Israel and more than 10 percent of its 10,000-strong workforce in the US, ...
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