What are your thoughts about potential Teva Pharmaceutical layoffs? Any chatter, news or rumors?
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.
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
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.
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.
How many people work at Teva Pharmaceutical?
Do you know how many people work here and how many at the HQ at Israel?
Teva Pharmaceutical Layoffs 2020
This is a master thread about Teva Pharmaceutical Layoffs 2020? Any news or rumors?
Eastbourne site closure
Teva to close the packaging site in Eastbourne UK. The site will close at the end of 2021.
Provigil Lawsuit
Who will be winning this
About 200 Additional Layoffs @ TEVA
https://www.wfxrtv.com/news/more-layoffs-planned-at-teva-pharmeceuticals/
Teva: The Case For Insolvency
https://wp.me/p9mTD8-14P
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
Teva SEC filiing
https://www.sec.gov/Archives/edgar/data/818686/000119312518039076/d529462d10k.htm#toc529462_18 pages 204-266
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
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
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
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
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
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
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.
1000s potential TEVA USA layoffs
http://fortune.com/2017/11/23/teva-pharmaceutical-layoffs-generic-drugs/
Teva leads in pharma layoffs for the year
Not that we didn't know this already, but still... https://americaclosed.com/pharma-layoffs-2017-teva-eli-lilly-merck-endo-novartis-job-cuts/
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
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
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
350 to be laid off from Teva in coming months
It's confirmed, Teva will be laying off 350 employees, mostly in production. https://www.nytimes.com/reuters/2017/07/23/business/23reuters-teva-pharm-ind-layoffs.html
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
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
Teva Florida layoffs 2017
Any updates on job cuts for 2017 as it relates to Florida? I see no postings here.
Get ready
Things are accelerating, here comes the axe
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.
Teva axe 80 jobs in Runcorn
http://www.runcornandwidnesworld.co.uk/news/14245723.Pharmaceutical_firm_Teva_could_axe_80_jobs_in_Runcorn/?ref=rss
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
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