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MERCK JOB CUTS
Dow outperforms in thin trading week, 1% shy of 40,000-point markWeighing on the tech-heavy Nasdaq, AI giant Nvidia shed 3.1%, leading losses among megacap growth peers. Traders see a 70% chance the Fed w...27 Mar, 2024, 10.04 PM IST- Siemens to replace CEO Peter Loescher after fifth forecast cutSiemens will replace Chief Executive Officer Peter Loescher after Europe’s biggest engineering company repeatedly missed profit targets.29 Jul, 2013, 10.50 AM IST
- Global giants like HSBC, Nokia, Barclays plan thousands of job cuts; employees in India largely sparedMulti-national cos have announced job cuts totalling more than 1,35,000 across the world, but the impact on India is estimated to be for le...31 Oct, 2011, 06.23 PM IST
- Global Cos plan large scale layoffs, Indians sparedMore than 1,35,000 job cuts have been announced by just about a dozen multi-national companies in past few months.31 Oct, 2011, 06.22 PM IST
- Employment mkt remains optimistic amid layoffs globallyNotwithstanding the wave of layoffs worldwide triggered by tough business conditions, Indian employment market remains optimistic.03 Aug, 2011, 05.00 PM IST
- Indian employment mkt remains optimistic amid layoffs globallyNotwithstanding the wave of layoffs worldwide triggered by tough business conditions, Indian employment market remains optimistic primarily...31 Jul, 2011, 05.26 PM IST
- American CEOs pocket hefty payouts amid massive layoffs: StudyCEOs of top 50-listed American cos that laid off most received an average pay packet of $12 million in 2009.06 Sep, 2010, 04.13 AM IST
- Drugmaker Merck closing 8 plants, 8 research sitesDrugmaker Merck & Co. said Thursday it is shutting down eight manufacturing plants and eight research sites around the world, including two...08 Jul, 2010, 07.45 PM IST
- J&J shows door to 80 execs; most jobs cut at mid-management levelJohnson & Johnson has laid off up to 80 mid-to-senior-level execs.16 Apr, 2010, 04.00 AM IST
- Pfizer, Merck to cut 1,700 jobs following mergersCombined, Pfizer and Wyeth plan to cut about 20,000 jobs, or 15 percent of their combined staff in the future. Top 10 Paymasters | Intervie...12 Jan, 2010, 12.52 AM IST
- Global Pharma Inc on hiring spree hereGlobal pharma companies may be slashing jobs but their Indian subsidiaries are hiring. US-based Merck, which set shop in India a year ago, ...20 Nov, 2008, 12.55 AM IST
- ITT cuts jobs, lowers outlook as economy soursDiversified manufacturer ITT Corp scaled back its full-year earnings and revenue forecast on Friday as it plans to cut jobs and ramp up its...24 Oct, 2008, 08.08 PM IST
- MNC pharma cos prune sales forceMultinational pharmaceutical companies are trimming their medical representatives or sales force in India.12 Aug, 2008, 01.13 AM IST
- Novartis to cut 2,500 jobs worldwide by 2010Novartis AG will cut 2,500 jobs worldwide by 2010 in an attempt to save $1.6 bn, the drugmaker said in becoming the latest major pharmaceut...13 Dec, 2007, 09.17 PM IST
- Bristol-Myers to shut half of its plants in 3 yearsApart from plant shutdowns, the company plans to lay off about 4,300 employees in a broad restructuring aimed at cost savings of $1.5 b by ...07 Dec, 2007, 01.11 AM IST
- Merck net dips 34% on new Vioxx chargeck on Friday said third-quarter profit fell due to plunging sales of its Zocor cholesterol drug, now facing generic competition, and anothe...21 Oct, 2006, 12.42 AM IST
- Vioxx lawsuits pile up in US courtsA Surge of lawsuits has swamped courthouses just ahead of the two-year anniversary of drugmaker Merck pulling its blockbuster painkiller Vi...02 Oct, 2006, 01.07 AM IST
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