Pharmaceutical giant Pfizer Inc. to slash 6,000 jobs

Pharmaceutical giant Pfizer Inc. on Tuesday announced that it would shut down eight manufacturing plants around the world, scale back production at several other sites, and slash 6,000 jobs in total in its ongoing restructuring effort to cut down on payroll expense.

The plants that will close include those in Puerto Rico, Ireland, Virginia, and New York. Operations at several other locations such as Sanford, N.C., and Havant, U.K., will be scaled back.

In a statement, Pfizer’s Manufacturing Director Nat Ricciardi called the job cuts “critical to our efforts to remain competitive.” SOURCE

People still losing jobs while Obama and the democrats expect these same unemployed workers to give them their vote in November 2010 and in 2012!