AstraZeneca reorg to cut 1,600 jobs

AstraZeneca reorg to cut 1,600 jobs in US, UK
Associated Press

FILE - In this Jan. 29, 2009 file photo, reflections are seen on a sign outside the global headquarters of AstraZeneca in London. Struggling Anglo-Swedish drugmaker AstraZeneca PLC said Monday, March 18, 2013, that it will eliminate 1,600 jobs, mostly in the U.S. and United Kingdom, as its new CEO starts a major research and development reorganization. Even the global headquarters will be shifted, from London to Cambridge, England, as the company moves many of its scientists near top centers for bioscience research. (AP Photo/Kirsty Wigglesworth, File)

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