News
Hundreds of jobs to go at Pfizer
Posted by editor on Sep 11, 2007 - 09:25 PM
Filed under: Business, News
Around 420 jobs are set to be lost in East Kent after drugs giant Pfizer announced it was ceasing the manufacturing side of the business at its Sandwich site.
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The company said it was the result of ongoing consolidation of its global
manufacturing operations.
In a fiercely competitive marketplace the company has also cut jobs in sales,
and research and development (R&D), since 2005.
The 420 redundancies will be phased in over the next two years.
Sandwich is its European R&D headquarters and employs 3,400 people.
Thanet South MP Stephen Ladyman called the latest losses "dreadful news".
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