8,500 fired because Obama's delaying new medicines "..

[healthmyths]

NOTE this has NOTHING to do with ObamaCare but everything to with Obama's hatred of capitalism...

Merck & Co. (MRK), the second-biggest U.S. drugmaker by sales, will fire 8,500 workers and revamp its research and development after seeing new medicines delayed by U.S. regulators.
Merck to Fire 8,500 in Strategy Overhaul That Shifts R&D - Bloomberg

 

[Black_Label]

NOTE this has NOTHING to do with ObamaCare but everything to with Obama's hatred of capitalism...

Merck & Co. (MRK), the second-biggest U.S. drugmaker by sales, will fire 8,500 workers and revamp its research and development after seeing new medicines delayed by U.S. regulators.
Merck to Fire 8,500 in Strategy Overhaul That Shifts R&D - Bloomberg

Did you even read your own link? They are cutting jobs for research in certain fields because rival companies were able to beat them to the punch to develop drugs before they were able to.

That's capitalism at it's finest,..

 

[Moonglow]

Didn't you know that Oblama runs every dept of the govt. and private industry?
Nutty nutters.

 

[Steven_R]

Didn't you know that Oblama runs every dept of the govt.

 

[Connery]

They expanded now they are downsizing, it is business as usual.

"The Merck cuts follow moves at other major U.S. drugmakers to slim and refocus after years of expansion through large deals. Pfizer Inc., the biggest U.S. drugmaker, has shed non-drug units. AbbVie Inc., split off from Abbott Laboratories at the start of the year, has said it will no longer focus on primary care medicines and has fired workers as products in that category have lost sales exclusivity."

Merck to Fire 8,500 in Strategy Overhaul That Shifts R&D - Bloomberg

 

[Moonglow]

Even illegal drug sellers and makers have layoffs.

 

[healthmyths]

NOTE this has NOTHING to do with ObamaCare but everything to with Obama's hatred of capitalism...

Merck & Co. (MRK), the second-biggest U.S. drugmaker by sales, will fire 8,500 workers and revamp its research and development after seeing new medicines delayed by U.S. regulators.
Merck to Fire 8,500 in Strategy Overhaul That Shifts R&D - Bloomberg

Did you even read your own link? They are cutting jobs for research in certain fields because rival companies were able to beat them to the punch to develop drugs before they were able to.

That's capitalism at it's finest,..

Merck & Co. (MRK), the second-biggest U.S. drugmaker by sales, will fire 8,500 workers and revamp its research and development after seeing new medicines delayed by U.S. regulators.
Merck to Fire 8,500 in Strategy Overhaul That Shifts R&D - Bloomberg