GlaxoSmithKline to cut 1,000 jobs by year end, more in 2009
GlaxoSmithKline will eliminate 1,000 sales jobs and make Research Triangle Park its sole U.S. headquarters as part of broader restructuring aimed at simplifying operations and adjusting how the British drugmaker does business.
It's too soon to say how many of the staff cuts will happen in RTP, where GlaxoSmithKline employs 5,000, said spokeswoman Mary Anne Rhyne. Those affected will leave the company by year end, she said. In addition, an undisclosed number of support staff will lose their jobs early next year.
The actions, announced Wednesday, come as GSK contends with challenges to its core business. The company faces rising competition from generic drugmakers and lacks new blockbuster medicines to replace revenue from drugs with expiring patents. (Raleigh) News & Observer
Delta to fly direct from Raleigh to Paris in June
Delta will begin direct flights from Raleigh-Durham International Airport to Paris, the airline announced Thursday.
The flight, which will begin June 2, will be nonstop from RDU to Charles de Gaulle International Airport. Delta will use Boeing 757-200 aircraft, which carry up to 174 passengers.
The new service means that RDU will have two transAtlantic flights. American Airlines began flights to London in 1993; it currently goes to Heathrow Airport.
The announcement comes one week after US Airways said it plans to resume nonstop flights between Charlotte and Paris. Those flights begin in April. (Raleigh) News & Observer