On November 16, 2009
As Tax Breaks for Pfizer End, Jobs Disappear
As Pfizer (PFE) reorganizes after its merger with Wyeth, municipalities are finding that the tax deals they once struck to keep the drug giant in town are having short-term advantages at best and, at worst, no effect at all. Pfizer must make 19,500 layoffs across its empire to make the merger work.
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