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Merck Plans More Layoffs
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The pharmaceutical giant Merck says it will cut 8,500 jobs in its global workforce. This comes after an earlier layoff of 7,500 employees.
The move is part of a major restructuring plan: the company has been losing money as other drug companies have become strong competitors.
Guest
- Jason Bellini, senior producer for the Wall Street Journal. He tweets @jasonbellini.
This segment aired on October 1, 2013.