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Pfizer to cut 6,000 jobs, close more plants

Drugmaker Pfizer will cut 6,000, or 18 percent, of jobs at its 78 manufacturing plants over the next five years as it consolidates operations after  last year's purchase of  Wyeth.

 

Pfizer to buy Wyeth for $68B, cut 8000 jobs

Pfizer also said it would cut more than 8000 jobs to cut costs in anticipation of cholesterol drug Lipitor losing patent protection in 2011.

 

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