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News|Articles|July 2, 2008

Pharmaceutical Technology

  • Pharmaceutical Technology-07-02-2008
  • Volume 32
  • Issue 7

Trends: Industry Job Cuts

Staff reductions are not surprising with the state of the economy and falling pharmaceutical sales.

Given the current state of the economy and the fact that pharmaceutical sales have been crunched over the past several years, job cuts are not surprising. The US unemployment rate has gone up a full percentage point in the past year, from 4.5% in May 2007 to 5.5% in May 2008; the rate in New Jersey went up from 4.3% to 5.0%. Below is a look at some of the largest cuts that pharmaceutical companies—nearly half of them based in New Jersey—have announced since early 2007.

(Raymond Medici/Getty Images, Cartesia/Getty Images)

Companies and announced job cuts

Articles in this issue

almost 18 years ago

Coming Down the Pike: Protein-Substrate Binding

almost 18 years ago

Self-Emulsifying Drug Delivery Systems

almost 18 years ago

A Path to Quality and Compliance

almost 18 years ago

Improved Mass Determination of Poly(ethylene glycols) by Electrospray Ion-Mobility Time-of-Flight Mass Spectrometry Coupled with Ion–Molecule Reactions

almost 18 years ago

Excipients in Polymeric Drug Delivery and Formulations

almost 18 years ago

ePedigree: Using the Gift of Time Wisely

almost 18 years ago

Variables Affecting Reconstitution Time of Dry Powder for Injection

almost 18 years ago

Report From: The Netherlands

almost 18 years ago

Manufacturing Insights: Pfizer

almost 18 years ago

Inside IPEC: Dual-Use Labeling

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