Positions were cut from the admin office for its Mylan Specialty unit in Basking Ridge (New Jersey)... Mylan announced this via a WARN notice to New Jersey employment office. Cuts were due to reorg of of ops - needed to be closer to Mylan's headquarters in the Pittsburgh (Canonsburg) - the HQ also moved back in April of 2013... No word on how much cuts cost - All what we know is that Basking Ridge layoffs were substantial. During the first quarter of last year, we disclosed that around eighty million was spent on “restructuring and other special items" - much more than we cut in 2012. 2014 is also bumpy, but lets see how the whole year is going to pan out.
I was let go in 2013 but I harbor no bad feelings