Merck to Eliminate 16,000 More Jobs
As expected, Merck announced today that it would eliminate an additional 16,000 job after the merger with Schering Plough is completed. The combined company is trying to get its headcount down to around 90,000 employees. The new job cuts represent a 15% reduction in the workforce of the combined company.
While the merger may have made business sense, it doesn’t bode well for future employment for life scientists in New Jersey.
Until next time...
Good Luck and Good Job Hunting (are there any left?)
