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GSK To Cut R&D Jobs

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By: Tim Wright

Editor-in-Chief, Contract Pharma

GlaxoSmithKline plans to eliminate as many as 850 jobs in R&D in the U.S. and Britain, which represents 6% of the company’s total R&D staff. According to a company statement, the cuts were necessary “to ensure that we can invest in key areas of future growth and evolve our business to compete effectively in what is a rapidly changing and challenging environment for pharmaceutical companies.”     Earlier this year, the company had announced plans to cut 350 R&D po...

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