Business/Finance

Pfizer to trim 6,000 jobs, shut 8 plants

Tuesday, May 18, 2010
Pfizer

Pfizer says it will cut 6,000 jobs as it trims its manufacturing capacity worldwide after acquiring smaller rival Wyeth last year.

The world's biggest drugmaker says it will cease operations at eight plants in Ireland, Puerto Rico, and the U.S. by the end of 2015, and reduce operations at six other plants over the next several years.

The New York-based company said in April it would cut 20,000 jobs as part of the Wyeth integration.

(Copyright ©2014 by The Associated Press. All Rights Reserved.)

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