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AstraZeneca PLC (AZN)'s Loughborough Workforce Find New Jobs  
12/29/2011 8:09:08 AM

Most of AstraZeneca's 1,300 workforce have found new work ahead of the closure of the pharmaceutical giant's Loughborough research base. The firm is attempting to sell the site to investors in Asia and North America, but a buyer has not yet been found. About 380 staff have relocated to the company's other sites in the UK, Sweden and the US, the firm said. About 650 people have found new jobs while approximately 35 employees have started their own business. A further 120 staff have either retired, opted to retrain or taken a career break.
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