Allergan to cut loose 577 more workers in Irvine
The pink slips are flying at Allergan once again. Recently bought by Actavis in a $66 billion deal, the company is preparing to lay off 577 more workers in a cost-cutting drive that started last year and won't end till its new head honchos finish squeezing savings out of the combined company. According to a WARN notice filed with the state of California, Allergan plans to cut loose those 577 staffers in its home city of Irvine. The cuts are set for June 4, the state says in a compendium of layoffs kept on its website. Read more | Subscribe to FiercePharma
The pink slips are flying at Allergan once again. Recently bought by Actavis in a $66 billion deal, the company is preparing to lay off 577 more workers in a cost-cutting drive that started last year and won't end till its new head honchos finish squeezing savings out of the combined company. According to a WARN notice filed with the state of California, Allergan plans to cut loose those 577 staffers in its home city of Irvine. The cuts are set for June 4, the state says in a compendium of layoffs kept on its website. Read more | Subscribe to FiercePharma
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