Arab Today, arab today drugmaker astrazeneca announces 2300 more job
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Drugmaker AstraZeneca announces 2300 more job

Arab Today, arab today

Arab Today, arab today Drugmaker AstraZeneca announces 2300 more job

London - AFP

British pharmaceutical company AstraZeneca on Thursday said it was cutting 2,300 jobs on top of the 1,600 losses it announced at the start of the week, in a major restructuring of the group over the next three years. The company said 2,300 posts would go as it makes changes to its Selling, General and Administrative operations -- which encompasses corporate and support functions. \"We are combining this SG&A restructuring with two previously announced programmes. These comprise the headcount reduction of 1,600... announced on 18 March 2013, and the balance of the Phase 3 restructuring programme announced in February 2012, which amounts to 1,150 roles.\" It added in a statement: \"The total combined Phase 4 programme entails an estimated global headcount reduction of about 5,050 over the 2013-2016 period.\" AstraZeneca currently employs about 57,000 staff worldwide.

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