Merck to cut 8,500 more jobs in cost-cutting overhaul

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Merck to cut 8,500 more jobs in cost-cutting overhaul (via AFP)

US pharmaceutical giant Merck said Tuesday it would eliminate an additional 8,500 jobs worldwide as it seeks to cut costs by $2.5 billion by the end of 2015. The new job cuts, combined with previously announced cuts of about 7,500, will slash 20 percent…

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