Pfizer, the world’s largest pharmaceutical company is to close eight factories and lay-off six thousand people. Pfizer will lay off six thousand people in Ireland, Puerto Rico and the United States close eight factories until the end of 2015 the company announced. The company will in the next few years close additional six factories to reduce operations. Pfizer will close three pharmaceutical factories in Puerto Rico, Ireland and the United States, a biotechnology factory in Ireland, and two health care factories in the U.S..
Bloomberg has this story as well. Read it here.