GSK to Cut Jobs in NC
ABC 11 as confirmed that GSK will be cutting an undetermined numbers of jobs in the Research Triangle Park, as it scales back its neuroscience division.
The pharmaceutical maker reported a 60 percent drop in 2010 profits earlier this month. Since 2007, the company has cut about 22,000 jobs worldwide and reduced its U.S. workforce by about 4,000.Also it will try to buy back some of it own stock by selling off lesser known drug brands..
In addition to slowing sales, the company also paid out billion to settle legal claims related to its controversial diabetes drug Avandia following allegations it increases the risk of heart attacks.
This is more jobs loss for NC, it seem more jobs are leaving the State then coming to it..
So NCGA and Bev Perdue, where are this jobs???