Fed Up With Paying the Price for Teva's Troubles, Workers Dig In

Fed Up With Paying the Price for Teva's Troubles, Workers Dig In


White banners with red-and-black Hebrew letters saying "We won't be the victims" hang in the parking lot, lobby and hallways of the  Workers at the site are pushing back against proposed job cuts and demanding managers share the pain as the world's biggest maker of copycat medicines tries to recover from $43 billion in botched acquisitions that left it mired in debt. Laborers earning an average 8,000 shekels a month shouldn't have to bear the brunt when interim Chief Executive Yitzhak Peterburg gets paid almost 100,000 shekels a day, they say.



from Biotech News