GlaxoSmithKline plans to cut 250 jobs nationwide.

Publication: The Philadelphia Inquirer (Philadelphia, Pennsylvania) (via Knight-Ridder/Tribune Business News)

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COPYRIGHT 2005 The Philadelphia Inquirer

Byline: Thomas Ginsberg

Jan. 25--GlaxoSmithKline P.L.C., one of the world's biggest pharmaceutical companies with 5,200 employees in the Philadelphia region, said yesterday it will eliminate roughly 250 positions nationwide by next month.

Approximately half of the job cuts and layoffs will come from Philadelphia. The other half will come from GlaxoSmithKline's complex at Research Triangle Park, N.C., according to a spokeswoman, Ramona J. DuBose.

In addition, a few jobs will be eliminated in GlaxoSmithKline's research and development operation in the Philadelphia suburbs. Those workers, however, may be offered other positions in the company.

The job cuts will total 2 percent of the division's workforce of about 12,500, a tiny fraction of GlaxoSmithKline's global total of 100,000.

Nonetheless...

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