Monday, March 18, 2013

AstraZeneca to Cut U.S. Headquarters, Shift Some Jobs to MD, MA




National Commercial Real Estate News From CoStar Group





AstraZeneca to Cut U.S. Headquarters, Shift Some Jobs to MD, MA



A global reorganization of drug maker AstraZeneca’s global research and development operations will eliminate 650 U.S. jobs, with 1,200 positions cut at its U.S. headquarters in Wilmington, DE, and hundreds of others shifted to facilities in Maryland and Massachusetts.

The consolidation of the company’s global R&D footprint over the next two years will cut a total of 1,600 jobs in the U.S., Great Britain and Sweden, about 3% of its global workforce...






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