Merck (MRK) announces job cuts for 7,200 workers by 2011, with 40% of the layoffs coming from...

|About: Merck & Co Inc. (MRK)|By:, SA News Editor

Merck (MRK) announces job cuts for 7,200 workers by 2011, with 40% of the layoffs coming from the U.S. At the end of September, Merck had around 56,700 employees. Shares -2.5%.