Merck KGaA (MKGAF.PK) CEO Karl-Ludwig Kley says the German pharmaceutical company will have to...


Merck KGaA (MKGAF.PK) CEO Karl-Ludwig Kley says the German pharmaceutical company will have to slash costs and cut staffing to stay competitive. During the savings initiative, Merck plans to hold back on making any major acquisitions in the space.
Comments (1)
  • matsa67
    , contributor
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    I was a victim of the slash and cut policies of KLK, but this is not new as those at the former Luft felt KLK' need to stay competitive while cueing and the unemployment office.
    20 Apr 2012, 08:22 AM Reply Like
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