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Dividend.com: Sinking Waters

Stock quotes in this article: WAT , PFE , HSC , STLD  

Pfizer Announces Job Cuts

Pfizer(PFE Quote) has just announced it will be cutting 700 jobs in France.

The move will affect the company's Paris headquarters. Management believes the cost-cutting move is necessary to offset the rising cost of developing drugs. Stricter regulations are also leading to fewer products making it to the market. ...

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