Novartis to cut 1,960 jobs in us
Novartis said early Friday morning that it would cut 1,960 jobs in the United States within the next few months to deal with the impending loss of revenue from a key drug and the loss of potential revenue from a drug the company hoped would help its cause.
BOSTON ― State Street Corp. says it will cut 1,600 to 1,800 jobs, or 6 percent of its global work force, between now and the end of the 2009 first quarter.