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  • 5:42

    Teva to lay off 350 employees in Israel

    Teva Pharmaceutical Industries announced on Sunday it would lay off some of its 7,000 employees in Israel in the coming months, as it reorganizes in a drive to improve competitiveness, reported Reuters.

    Teva, Israel's largest company, did not specify how many workers would leave, but a source close to the process told the news agency the number would be about 350, mainly in production.

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