Multinational firms start layoff programs

Published: 2012-08-14 07:00:00
Updated: 2012-08-14 07:00:00
Sanofi Aventis Korea and GlaxoSmithKline are restructuring theirs workforce through a voluntary retirement program in an effort to cope with sluggish sales here due to the government-mandated cuts in drug prices in April.

The foreign-invested pharmaceutical firms said Friday that they will acc...

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