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To: Mike McFarland who wrote (198)12/18/2007 6:43:28 AM
From: Mike McFarland  Read Replies (1) | Respond to of 379
 
New Novartis Cuts Target 2,500 Jobs
pubs.acs.org
The Novartis Institutes for BioMedical Research, based in Cambridge, Mass., will focus on disease areas with significant new opportunities, according to the company, and will take advantage of synergies among research efforts globally.

Massachusetts Spared Novartis Cuts
Rebecca Zacks 12/13/07 11:36 am
Novartis (NYSE: NVS) today unveiled a plan to cut some 2,500 job but—despite an ominously worded reference to to the Novartis Institutes for BioMedical Research, which employs 1,300 people in Cambridge, MA—there will be no Massachusetts jobs lost. This according to the Boston Business Journal’s Mark Hollmer, who writes that some 300 additional Novartis jobs in the state are safe as well.
pubs.acs.org