Jul 27, 2007

AstraZeneca Gives 1-In-10 The Unemployment Pill

AstraZeneca announced that they will be laying off 4,600 after 3,000 layoffs where announced in February. The company’s website lists over 66,000 employees with 27% in the Americas? The company will have 69,000 after their purchase of Medimmune Inc. These layoffs represent more than one-out-of-ten.

They list 10 U.S. locations with the largest employment concentrations in Wilmington, DE, Westborough, MA and Newark, NJ. It will be interesting to find out what the percentage of U.S. layoffs will be.

Earlier this year Times
100 best companies to work lists AstraZeneca as 71st on the list. An interesting statistic from the Times list is that they hired 174 people last year after receiving almost 110,000 applications.

Medimmune Inc. website about lists 3,000 employees is headquartered in Gaithersburg, MD., manufacturing in Fredericksburg, MD. and Immune facilities in Philadelphia and Bensalem, Pa., and Santa Clara, Ca. Their about page also lists a facility in Kentucky with no further identification.