Pfizer Tells 900 U.K. Staff They Are ‘at Risk,’ Telegraph Says
Stock Chart for Pfizer Inc (PFE)
Pfizer Inc. (PFE), the world’s biggest drugmaker, has told 900 employees at a U.K. research and development office that their jobs are “at risk,” the Sunday Telegraph reported, citing a spokesman for the company.
Pfizer plans to close the site in Kent, southeast England, where 2,400 people work, according to the report. The company wants to transfer “several hundred positions to other sites,” the paper said.
To contact the reporter on this story: Simon Clark in London at email@example.com
To contact the editor responsible for this story: Edward Evans at firstname.lastname@example.org
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.