Topics regarding layoffs at Teva Pharmaceutical

Topics regarding layoffs at Teva Pharmaceutical

This is not good at all

Prepare for major layoffs. Disastrous results are always met with knee-jerk reactions to make the numbers look batter, and usually those focus first and foremost on employees and how many can be cut. I'm not looking forward to the following weeks and... — read more 

Cincinnati Plant Layoffs

This week an unspecified number of employees were laid off due to "restructuring". No other facts known at this time.

Layoffs at Teva in June

Why am I reading about June layoffs at Teva? Where is that info coming from? I understand that layoffs are inevitable but there was no info anywhere to indicate a specific date or month.

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| 2111 views | | 1 reply (December 20, 2020)
Post ID: @OP+18vsdhT2

Don't delude yourself into thinking you're safe

It worries me to see how many of my colleagues are unprepared for what's most likely to happen much sooner than they think because they believe they're safe. Teva is a troubled company with so much debt that thinking anybody is safe just because a... — read more 

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| 2370 views | | no replies yet
Post ID: @OP+18jAqPMS

Teva NJ closure

As expected Teva pharmaceutical will be closing by year 2023, probably early 2022 Elizabeth and Edison sites. Teva pharmaceutical is bad for hard working people around the world.

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| 3599 views | | no replies yet
Post ID: @OP+17G5bwkS

Unsurprising closure

The Forthcoming closure of the Teva site in Eastbourne is unsurpising and inevitable due to the mismanagement of this company at a global and especially with this site local level.

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| 1121 views | | no replies yet
Post ID: @OP+14PY8bBg

Major layoffs due to Teva HQ relocation

Thank you NJ, for costing 800 people their jobs. Teva Pharmaceuticals USA has accepted an incentive package from N.J. that totals nearly $40 million over 10 years to move its headquarters from Montgomery Township. The move will include the transfer... — read more 

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| 2451 views | | no replies yet
Post ID: @OP+U4VvZBU

Teva SEC filiing

https://www.sec.gov/Archives/edgar/data/818686/000119312518039076/d529462d10k.htm#toc529462_18 pages 204-266

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| 1500 views | | no replies yet
Post ID: @OP+RMDDMqv

200 Laid off in Philadelphia

This is happening and there will be more Teva job cuts in the US: http://www.philly.com/philly/business/pharma/teva-philadelphia-area-layoffs-more-than-200-20180118.html

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| 1870 views | | 2 replies (last June 29, 2018)
Post ID: @OP+RjT6Z4a

Jerusalem is Closing

http://www.jpost.com/Jpost-Tech/Business-and-Innovation/Teva-CEO-rejects-Netanyahu-plea-to-minimize-layoffs-avoid-closing-Jerusalem-plant-518491

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| 1652 views | | 1 reply (December 20, 2017)
Post ID: @OP+QOaNQbk

Meltdown

We have already closed our office in Cambridge, MA... Closing (right now) the offices in Washington, DC and Horsham, PA... Manhattan too. Kiryat Shmona Migada disposable medical eqpmt plant will closed, 500+ to be laid off in Petah Tikva HQ. Pretty... — read more 

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| 2105 views | | 1 reply (December 14, 2017)
Post ID: @OP+QJz61TT

The number keeps growing - now up to 14k

According to MarketWatch, the number of people Teva Pharmaceutical is getting ready to lay off is now up to 14,000. That makes for a quarter of our entire workforce. With a number this high, I'm not sure that any department is safe. The next few... — read more 

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| 1900 views | | 1 reply (December 14, 2017)
Post ID: @OP+QJvKb5N

Who said 10,000?

Yep, 10,000 it is... https://www.bloomberg.com/news/articles/2017-12-08/teva-said-to-weigh-cutting-up-to-10-000-jobs-to-pare-expenses

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| 1580 views | | 1 reply (December 14, 2017)
Post ID: @OP+QJnOKp0

A strike in the works...

https://www.timesofisrael.com/union-calls-strike-over-thousands-of-expected-teva-layoffs/ Not really sure if this will help but at least someone is willing to put up a fight: The Histadrut labor union called a general strike throughout the country... — read more 

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| 1472 views | | 2 replies (last December 14, 2017)
Post ID: @OP+QJqRWtc

No value left...

Since the Florida sites are only those hostile and poorly managed, inefficient, old Watson/Actavis facilities, surely they will be closed, everyone laid off, as soon as anything valuable is extracted, if there is anything of value.

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| 1780 views | | 1 reply (December 14, 2017)
Post ID: @OP+QInUWms

Worst company ever

These people laid me of a couple years back after nearly a decade of saving them money by stopping the stupidity. I save them millions, then they bring in some idiot new vp who joyfully got rid of all the existing team in just one year. Well you can... — read more 

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| 2601 views | | no replies yet
Post ID: @OP+P19qg8O

Huge layoffs coming to Teva - 7,000 to be cut

This is truly frightening - Teva has announced that it plans to cut its workforce by 7,000!!! The number jumped by 5,000 due to bad quarterly results... It is still unknown where the cuts will be made or who will be hit the hardest... Good luck... — read more 

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| 2242 views | | no replies yet
Post ID: @OP+OF4B4BU

Offshoring @ TEVA

Often I cannot but to wander how Teva can be such a disorganized company and still make money... Why do they have to close very, very, very effective facilities with great workers and great products just to save a penny. More offshoring is... — read more 

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| 2082 views | | 1 reply (August 17, 2017)
Post ID: @OP+OFHLCOD

Profile

Teva Pharmaceutical Industries Ltd PO Box 3190 5 Basel Street Petach Tikva 49131, Israel Phone: +972 (3) 926 7267 Fax: +972 (3) 923 4050 Email: info@teva.co.il Website: http://www.tevapharm.com Contact: Board of Directors Dr Phillip Frost, Chairman... — read more 

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| 2642 views | | no replies yet
Post ID: @OP+N0fyvFG

Layoff Rumors @ TEVA [March 2017]

This week, a few days ago (on Thursday 3/21/2017), main financial websites in Israel covered Teva layoffs story and they noted that there is a plan to lay off up to 6K workers - they actually gave a range (2K to 6K) but that's not the point. Anyhow... — read more 

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| 2570 views | | 2 replies (last August 8, 2017)
Post ID: @OP+MrVvmtN

Get ready

Things are accelerating, here comes the axe

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| 2320 views | | 2 replies (last February 5, 2017)
Post ID: @OP+LpP91x2

Teva Pharmaceutical Layoffs 2017

Do not worry too much, I am one of those who is always optimistic - things will pan out good and we will not have layoffs here in Israel.

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| 3191 views | | 3 replies (last September 20, 2017)
Post ID: @OP+Kvro7ls

Teva axe 80 jobs in Runcorn

http://www.runcornandwidnesworld.co.uk/news/14245723.Pharmaceutical_firm_Teva_could_axe_80_jobs_in_Runcorn/?ref=rss

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| 2260 views | | 2 replies (last October 21, 2016)
Post ID: @OP+G1MJE95

Teva Pharmaceutical Industries will cut about 5,000 jobs, 10 percent of its workforce, accelerating a cost-cutting plan as it prepares for...

Teva Pharmaceutical Industries will cut about 5,000 jobs, 10 percent of its workforce, accelerating a cost-cutting plan as it prepares for lower-priced competition for its best-selling drug. The world's largest maker of generic drugs by sales said it... — read more 

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| 2680 views | | no replies yet
Post ID: @OP+s7L9lLL

Teva Pharmaceutical Industries Ltd

Teva Pharmaceutical Industries Ltd. is a global pharmaceutical company specializing in the development, production and marketing of generic and proprietary branded pharmaceuticals as well as active pharmaceutical ingredients. Teva is among the top 20... — read more 

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| 2201 views | | no replies yet
Post ID: @OP+8XT98Kd

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