PPD, Inc. Dropping the Ax on 270 Employees

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bizjournals.com -- PPD Inc. is laying off 270 people across the country due to lower than expected demand for its services. Although PPD has offices worldwide, the Wilmington-based clinical research organization is confining layoffs to its North American operations. Company spokeswoman Louise Caudle said in a prepared statement that while PPD has a strong backlog of work throughout the world, business in North America has not picked up.

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