Employment News
Pfizer To Eliminate More Jobs
By joshua | Dated: 05-11-2010
The New York Times has reported that the world’s largest pharmaceutical company, Pfizer, has announced that it plans to either let go or relocate some 1,400 employees from its New York offices.The drug giant has also placed its Third Avenue office tower on the market, but announced that it would remain at its World Headquarters, located near the Grand Central Terminal. Pfizer has been headquartered in New York City since its founding in 1849.
The cuts, as the Times points out, may come as surprise, especially seen in the light of the 2003 tax incentives Pfizer was given by the City and State of New York that were designed to create jobs in the area.
In addition to the current proposed layoffs and relocations, Pfizer eliminated another 2000 positions earlier this year in its facilities located in several of the Atlantic seaboard states.
Career Connect (From our other career blogs):
- Employment News (Sponsored by EmploymentSpectator)
- Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
- Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
- Layoff News (Sponsored by LayOffWatch)
Testimonial of the Week
What I liked about the service is that it had such a comprehensive collection of jobs! I was using a number of sites previously and this took up so much time, but in joining EmploymentCrossing, I was able to stop going from site to site and was able to find everything I needed on EmploymentCrossing.
- John Elstner Baltimore, MD
Sign Up now
Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.
- We have more jobs than any other job board.
- We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
- We collect jobs from more than 4,429,376 websites and post them on our site.
- We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.
