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Merck To Close Five Plants, Cut 7,000 Jobs

WHITEHOUSE STATION, NJ-As part of its global restructuring effort, the pharmaceutical giant plans to cut 3,500 jobs from its US operations in the next three years.

By Sean Ryan | Updated on November 28, 2005

Sean Ryan is associate editor of Real Estate New Jersey .

(To read more on the industrial market, click here.)

WHITEHOUSE STATION, NJ-Merck & Co. Inc. plans to eliminate 7,000 jobs and five of its 31 manufacturing facilities over the next three years, as part of a global restructuring program. Additional details were not disclosed, aside from half the job cuts will come from US operations. The locally based company says the effort is designed to reduce the cost structure, increase efficiency and enhance competitiveness.

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