Teva Pharm to reduce workforce in Israel, mainly in production
Teva Pharmaceutical Industries (TEVA.TA) said on Sunday it would lay off some of its 7,000 employees in Israel in the coming months as it reorganises in a drive to improve competitiveness. Teva, Israel’s largest company, did not specify how many workers would leave, but a source close to the process told Reuters the number would be about 350, mainly in production. Teva (TEVA.N) employs 4,000 workers in production in Israel.
Source:: https://finance.yahoo.com/news/teva-pharm-reduce-workforce-israel-104724090.html