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Sumitomo Pharma Cuts 400 US Jobs as Credit Market Concerns Mount

Sumitomo Pharma Co. said it plans to cut about 400 jobs at its US subsidiary this month, pushing ahead with restructuring as debt market concern about its credit quality mounts. Read More
Sumitomo Pharma to cut 400 jobs at U.S. subsidiary

OSAKA -- Sumitomo Pharma will lay off about 400 employees at its U.S. subsidiary in March, the company announced on Monday, on slow sales and the end of the exclusivity period for its ... Read More
Sumitomo Pharma lays off 400 US staffers as sales slide

Now, the Japanese drugmaker is letting go of 400 staffers this month. The job cuts at Sumitomo Pharma America come amid a “severe business environment” and are part of an effort by the company ... Read More
Sumitomo Pharma's new CEO weighs layoffs in Japan after sharp sales drop, US job cuts: report | Fierce Pharma

A recent layoff round affecting 400 U.S. staffers was just the latest in Sumitomo Pharma’s waves of workforce reductions. Now, the Japanese pharma is reportedly weighing layoffs in its home ... Read More
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