The Merck Layoff Watch continued, with an announcement on Monday, November 28th, that the company would cut 7,000 jobs.
I haven’t blogged about this here because there hasn’t been much to say. The cuts have started, but they’re on a rolling basis that will last in to 2008. While there is a strong focus on manufacturing, including the closure or sale of several sites, no part of the company will be unaffected.
My own area won’t begin to see the impact until early next year, after several budget decisions are made. With that in mind, the layoff watch continues.