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Thursday, October 10, 2013

Employment

News                                                                                                                             
FOX Business | Teva Pharmaceutical to Fire 5,000 Workers in Cost-Cutting Move
To save as much as $2 billion a year, Teva Pharmaceutical (TEVA) said Thursday it was expanding its cost-cutting program by axing 10% of its workforce, or about 5,000 people.
Bloomberg | Federal Contractors Stuck in Bottleneck by U.S. Shutdown
The U.S. government shutdown has created a bottleneck in contracting that may hurt companies long after federal offices open and the debt-ceiling dispute is resolved.