stock_news_summaries_AI / news /AMGN /2023.03.16 /Amgen Announces Workforce Reduction By About 450 Jobs.txt
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March 16 (Reuters) - Amgen Inc:* AMGEN - ANNOUNCED CHANGES THAT WILL RESULT IN A REDUCTION
OF OUR
WORKFORCE BY APPROXIMATELY 450 JOBS, REPRESENTING LESS THAN 2%
OF OUR TOTAL WORKFORCE* AMGEN - MADE CHANGES IN WORKFORCE REDUCTION TO REALIGN
CO'S
EXPENSE BASE IN FACE OF INTENSIFYING PRESSURE ON DRUG PRICES AND
HIGH LEVELS OF INFLATION TO CONTINUE TO DELIVER VALUE FOR OUR
PATIENTS, STAFF AND SHAREHOLDERS
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