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Daiichi Sankyo, Inc. (4568.t) Will Lay Off Up to 300 Positions


3/4/2013 7:54:54 AM

Daiichi Sankyo Inc. today announced it will lay off approximately 25 employees at its Parsippany headquarters and 50 field employees across its regional U.S. offices, as well as another 225 open positions across the company, a spokeswoman told NJBIZ. According to the global pharmaceutical company's website, Daiichi Sankyo has 400 employees at its U.S. headquarters in Parsippany and 300 people in global research operations in Edison. Daiichi also has six U.S. sales offices in Atlanta; Chicago, Charlotte, Dallas, Phoenix and the Basking Ridge section of Bernards Township, with a total of 1,500 employees. While the downsizing initiative won't affect the Edison research location, spokeswoman Marah Oberfield said the Parsippany headquarters will cut about 6 percent of its current work force, though she did not know if any employees based out of the Basking Ridge sales office will be laid off, and she would not provide the number of people currently employed there. Additionally, Oberfield said she did not know if any open positions among those two New Jersey locations will be removed, but as of this afternoon, the company's careers webpage lists a total of 31 open business operations and finance positions in Parsippany. Oberfield said that webpage has not yet been updated to reflect the layoffs.

Read at NJ Biz


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