{"id":47,"date":"2010-07-08T10:41:29","date_gmt":"2010-07-08T14:41:29","guid":{"rendered":"http:\/\/sciencebusiness.technewslit.com\/?p=47"},"modified":"2010-07-08T10:44:29","modified_gmt":"2010-07-08T14:44:29","slug":"merck-to-cut-workforce-close-research-and-manufacturing-sites","status":"publish","type":"post","link":"https:\/\/technewslit.com\/sciencebusiness\/?p=47","title":{"rendered":"Merck to Cut Workforce, Close Research and Manufacturing Sites"},"content":{"rendered":"<p><a href=\"http:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2010\/07\/ClosedSign_ArtaxerxesWMC_200.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2010\/07\/ClosedSign_ArtaxerxesWMC_200.jpg\" alt=\"Closed sign (Artaxerxes, Wikimedia Commons)\" title=\"ClosedSign_ArtaxerxesWMC_200\" width=\"200\" height=\"200\" class=\"alignright size-full wp-image-49\" srcset=\"https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2010\/07\/ClosedSign_ArtaxerxesWMC_200.jpg 200w, https:\/\/technewslit.com\/sciencebusiness\/wp-content\/uploads\/2010\/07\/ClosedSign_ArtaxerxesWMC_200-150x150.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><\/a>Merck &amp; Co. in Whitehouse Station, New Jersey announced today a <a href=\"http:\/\/www.merck.com\/newsroom\/news-release-archive\/corporate\/2010_0708.html?WT.svl=content&#038;WT.pi=content+Views\">consolidation of its research and manufacturing<\/a> operations, reducing its workforce 15 percent and closing eight research and eight manufacturing sites. The reductions in sites and workers are part of Merck&#8217;s integration of facilities with Schering-Plough, following its acquisition in November 2009.<\/p>\n<p>The company says the phasing out of its eight research labs and factories will help meet an overall target of $3.5 billion in savings by 2012. The first phases of the integration are expected to return from $2.7 to $3.1 billion in savings. Nonetheless Merck expects these first steps in the consolidation to cost between $3.5 to $4.3 billion.<\/p>\n<p>In a <a href=\"http:\/\/www.merck.com\/newsroom\/news-release-archive\/corporate\/2010_0708.html?WT.svl=content&#038;WT.pi=content+Views\">press release<\/a> today, Merck says it is exploring local partnerships, business development initiatives, and site sales to minimize the impact of these closings on communities. The company also says it will &#8220;continue to hire new employees in strategic growth areas of the business as necessary.&#8221;<\/p>\n<p>Photo: <a href=\"http:\/\/commons.wikimedia.org\/wiki\/File:LGC_Sorry_We%27re_Closed_sign.JPG\">Artaxerxes\/Wikimedia Commons<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Merck &amp; Co. in Whitehouse Station, New Jersey announced today a consolidation of its research and manufacturing operations, reducing its workforce 15 percent and closing eight research and eight manufacturing sites. The reductions in sites and workers are part of Merck&#8217;s integration of facilities with Schering-Plough, following its acquisition in November 2009. The company says [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,6],"tags":[12],"class_list":["post-47","post","type-post","status-publish","format-standard","hentry","category-business","category-hiringlayoffs","tag-merger"],"_links":{"self":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/47","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47"}],"version-history":[{"count":5,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/47\/revisions"}],"predecessor-version":[{"id":52,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=\/wp\/v2\/posts\/47\/revisions\/52"}],"wp:attachment":[{"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewslit.com\/sciencebusiness\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}