The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (20 - 21) Manufacture of chemicals and pharmaceuticals 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations 21 - Manufacture of basic pharmaceutical products and pharmaceutical preparations
240 jobs Number of planned job losses
Announcement Date
14 January 2009
Employment effect (start)
14 January 2009
Foreseen end date
14 April 2009
Description
Pfizer, a pharmaceutical firm, is to cut 240 jobs from its UK research staff. The jobs are based at Sandwich in Kent, and the cuts are part of the company’s plans to reduce costs. The company intends to make the redundancies from its team of 800 scientists within the next three months.
Sources
14 January 2009: The Guardian
Citation
Eurofound (2009), Pfizer, Internal restructuring in United Kingdom, factsheet number 67829, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/67829.