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Bristol-Myers Squibb Company (BMY) Threatens To Slash Jobs At Two Factories In France



2/5/2014 6:32:45 AM

Bristol-Myers is cutting jobs but others are hiring too! Check it out! (Isn't it tempting?)

On a recent Saturday, 2,000 people held a protest in this small southern French city, carrying a large black coffin with a three-letter white label—BMS—on the lid. Bristol-Myers Squibb, BMY +0.62% the New York-based drug maker, is threatening to cut jobs at its two Agen factories, where a range of paracetamol painkillers are made, after the French government unveiled plans to push for wider use of cheaper generic versions. The government may announce its final decision as early as Thursday, according to union representatives.

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



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