Hobbled by sliding sales of Advair, GlaxoSmithKline's U.S. group started to chop away at its large organization in North Carolina and Philadelphia on Wednesday as Glaxo's North American chief Deirdre Connelly began to outline exactly where the ax will fall.
The company says that the bulk of the job cuts will be made in Research Triangle Park, NC, slashing R&D as it concentrates drug research work in Philadelphia and Stevenage in the U.K. No exact numbers were reported today by GSK, but the company filed a report with the state noting that it is eliminating 900 jobs.
A total of 350 of those jobs will go in the first quarter of 2015, with another 450 following in the next three months, GSK noted in its WARN letter. The rest will be pink-slipped later in the year...From what I can see at In the Pipeline, it appears that people weren't really being given the full details of whether or not they'll have a job, which is a little distressing. From Secret Glaxoid:
I'll confirm: the announcement to staff today was woefully vague. Basically the only thing announced today was the global strategy that we already knew ("yep, cuts are coming, its gonna suck."), followed by individual presentations from management at each site.
Individual presentation at my site was equally not good at giving any specifics.I don't think I can say anything to anyone at GSK that they haven't already heard before. (OK, I will make a note that you're not alone in this, and other chemists have been where you are before.)
My best wishes to you and to all of us.