Merck to cut 8,500 more jobs

Associated Press
Merck to cut 8,500 more jobs

FILE - In this Thursday, Feb. 28, 2013 file photo, Merck scientist Meizhen Feng conducts research to discover new HIV drugs in West Point, Pa. Merck & Co. said Tuesday, Oct. 2, 2013, that the company plans to cut another 8,500 jobs as the drugmaker continues its struggle with competition from cheaper generic medications that have squeezed the pharmaceutical industry for several quarters now. (AP Photo/Matt Rourke, File)

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