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GSK GSK plc

39.01
-0.76 (-1.91%)
Pre Market
Last Updated: 10:45:30
Delayed by 15 minutes
Name Symbol Market Type
GSK plc NYSE:GSK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.76 -1.91% 39.01 32,774 10:45:30

GlaxoSmithKline to Cut About 650 U.S. Jobs -- Reuters

06/09/2018 1:22am

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GSK (NYSE:GSK)
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-- GlaxoSmithKline PLC (GSK, GSK.LN) will cut about 650 jobs in the U.S., Reuters reported Wednesday.

-- The company will reduce about 100 back-office positions each in Philadelphia and Research Triangle Park, N.C., and 450 sales representatives, Reuters reported.

-- In July, GSK announced a restructuring program aimed at providing annual savings of 400 million pounds ($516.5 million) by 2021.

 

Full story at www.reuters.com/article/us-gsk-layoffs-usa/drugmaker-gsk-to-eliminate-650-u-s-jobs-idUSKCN1LL33Y

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

September 05, 2018 20:07 ET (00:07 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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