Arab Today, arab today israeli drug giant to lay off 5000 workers worldwide
Last Updated : GMT 06:14:20
Arab Today, arab today
Arab Today, arab today

Israeli drug giant to lay off 5000 workers worldwide

Arab Today, arab today

Arab Today, arab today Israeli drug giant to lay off 5000 workers worldwide

Jreusalem - XINHUA

The world\'s biggest generic drugs manufacturer Teva Pharmaceutical Industries will fire 10 percent of its workers worldwide, the Israeli-based company announced on Thursday in a statement. Most of the 5,000 employees will be fired by the end of 2014. The move will help Teva save two billion U.S. dollars annually by 2017, compared to the previously guided range of 1.5-2 billion U.S. dollars, the statement said. Teva further mentioned that these steps are part of its \" restructuring program, which was introduced in December 2012 and included actions to divest non-core assets, increase organization effectiveness, improve manufacturing efficiency and reduce excess capacity.\" The company reiterates its full-year 2013 financial outlook and anticipates ending the year near the midpoint of its original 2013 ranges for revenue of 19.5-20.5 billion U.S. dollars. Teva did not say how many employees it will layoff of its 7,400 workers in Israel, but the Israeli Ha\'aretz daily reported that about 800 workers will lose their jobs. Most of Teva\'s employees in Israel are members of the National Labor Union, the Histadrut, but some are employed on a personal contract basis without a collective protection.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today israeli drug giant to lay off 5000 workers worldwide Arab Today, arab today israeli drug giant to lay off 5000 workers worldwide

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today israeli drug giant to lay off 5000 workers worldwide Arab Today, arab today israeli drug giant to lay off 5000 workers worldwide

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday