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RTP Affected As GlaxoSmithKline Cuts 900 Jobs

Pharmaceutical leader GlaxoSmithKline is expected to announce a major reorganization effort that could impact jobs in the Triangle.
Flickr/Ian Wilson
Pharmaceutical leader GlaxoSmithKline is expected to announce a major reorganization effort that could impact jobs in the Triangle.
Pharmaceutical leader GlaxoSmithKline is expected to announce a major reorganization effort that could impact jobs in the Triangle.
Credit Flickr/Ian Wilson
Pharmaceutical leader GlaxoSmithKline is expected to announce a major reorganization effort that could impact jobs in the Triangle.

Triangle Business Journal Reporter Jason deBruyn talks about job cuts at GlaxoSmithKline

    

Pharmaceutical player GlaxoSmithKline is laying off hundreds of workers in its American facilities, and the bulk of these job cuts are in Research Triangle Park.

The company filed a notice with the Department of Commerce indicating the cuts affect approximately 900 jobs. The layoffs are part of a plan to consolidate research and development efforts at two sites, one in the Philadelphia area and one in the United Kingdom. These cuts are part of a reorganization effort aiming to reduce expenses by $1.5 billion in the next three years.

Host Frank Stasio talks with Triangle Business Journal Reporter Jason deBruyn about the latest.

Copyright 2014 North Carolina Public Radio

Anita Rao is the host and creator of "Embodied," a live, weekly radio show and seasonal podcast about sex, relationships & health. She's also the managing editor of WUNC's on-demand content. She has traveled the country recording interviews for the Peabody Award-winning StoryCorps production department, founded and launched a podcast about millennial feminism in the South, and served as the managing editor and regular host of "The State of Things," North Carolina Public Radio's flagship daily, live talk show. Anita was born in a small coal-mining town in Northeast England but spent most of her life growing up in Iowa and has a fond affection for the Midwest.
Longtime NPR correspondent Frank Stasio was named permanent host of The State of Things in June 2006. A native of Buffalo, Frank has been in radio since the age of 19. He began his public radio career at WOI in Ames, Iowa, where he was a magazine show anchor and the station's News Director.