Merck to slash 7,200 jobs;
Pharma major Merck & Co on Wednesday said it will slash 7,200 jobs, which account for more than 12 per cent of the drug maker's global workforce, as part of restructuring efforts.
BERLIN Troubled German lender Hypo Real Estate Holding AG says it plans to cut about 1,000 jobs by 2013 more than half its current work force.