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Silent axes swinging in pharmaceutical firms
Published: 2012-08-23 07:00:00
Updated: 2012-08-23 07:00:00
Korean pharmaceutical companies are pushing forward with corporate restructuring as they already feel the pinch of falling sales and profits caused by the government-mandated cuts in drugs prices in April.
Restructuring has not been clamorous in local pharmaceutical sector as most companies do not recruit necessary human resources even in the event of retirees.
The number of staff at 52 l...
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