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Vertex Pharmaceuticals (MA) (VRTX) Slashes 370 Jobs as Hep C Drug Sales Plunge


10/29/2013 7:11:51 AM

Vertex Pharmaceuticals is axing jobs but others are hiring! Check it out! (Isn't it tempting?)

Vertex Pharmaceuticals Inc. will cut about 370 jobs globally, including 175 in Massachusetts, because sales of Incivek -- its hepatitis C drug -- are declining faster than initially anticipated. Affected employees are being told Tuesday at Vertex sites and field offices around the world that they are losing their jobs. The move will reduce the company’s workforce by about 17 percent worldwide and 11.8 percent in its home state.

Don't forget, hundreds of biopharma companies are hiring! (We know you can't resist.)

Read at Boston Globe
Read at BusinessWeek
Read at Xconomy
Read at Wall Street Journal
Read at Reuters


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