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Multinational firms push voluntary retirement in wake of price cuts
About one year after the government forced them to cut their prices, foreign drug makers are scaling back their work forces due to falling profits.
Pfizer Korea recently announced an early retirement program for all levels of employees for the first time since it entered the Korean market in 1969. It estimates that around 80 workers are likely to apply.
GlaxoSmithKline, the largest pharm...
Pfizer Korea recently announced an early retirement program for all levels of employees for the first time since it entered the Korean market in 1969. It estimates that around 80 workers are likely to apply.
GlaxoSmithKline, the largest pharm...
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