Tuesday, November 10, 2009

Good News for Pfizer in Thanet

Some encouraging local news, gleaned a few minutes ago from watching a Sky News Business report from New York.

Pfizer will close six research and development sites and trim jobs in the United States and the United Kingdom, following the acquisition of drugs giant, Wyeth. However, Sandwich will continue as one of the company's five main R&D centres, down from twenty such units across the globe, which will reassure local people who were worried it might feature in the cuts.

While Pfizer may still further streamline its local operation, it very much sounds as if the future of the majority of people working for the company here in Thanet is secure. However, I should add that this is taken from the lunchtime news and a Reuters report and I haven't any more details at present.

3 comments:

Luke Edwards said...

"It very much sounds as if the future of the majority of people working for the company here in Thanet is secure."

Some jobs may be cut, if today's online Thanet Extra article is anything to go by: http://tiny.cc/0IUJD

Besides, it doesn't do anything to remedy the Pfizer workers who have already lost their jobs, such as the father of a friend of mine, who is now on the dole and can't keep up with his mortgage payments.

Anonymous said...

Two more years and the site will be mothballed. Wait and see!

Michael Child said...

Simon was the Thant in the title a typo, or something clever that I didn’t understand?