Date:24/10/2008 URL: http://www.thehindu.com/2008/10/24/stories/2008102461431500.htm
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Business

Merck to slash 7,200 jobs


NEW YORK: Pharma major Merck & Co would slash 7,200 jobs, which account for more than 12 per cent of the drug maker’s global workforce, as part of restructuring efforts. The firm had about 56,700 employees as of September 30.

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