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Teva Pharmaceuticals announces layoffs of more than 200 workersTeva Pharmaceuticals announced on Thursday that it will officially be laying off more than 200 workers from the plant in Netanya. The workers are mainly laboratory workers and machine operators in the chemistry field.
On Thursday, Teva Pharmaceuticals announced it will be laying off about 200 workers from the Plantex branch in Netanya. Teva announced that the production of Copaxone, the main production of this plant, will likely be transferred to China and India.
As previously reported by JOL, Teva announced in December that layoffs were absolutely necessary. The 200 workers that will be losing their jobs are mainly laboratory workers and machine operators in the chemistry field.
Talks of layoffs became official on Thursday and led to many protests and riots as workers feared they will lose their jobs. The original numbers of expected layoffs were as high as 1,700 and projected for major plants to close down.
Additionally, about two months ago, Mayor of Netanya Miriam Feirberg announced that 500 of Teva's employees would be hired as bus drivers at the Dan bus company in Netanya. To prevent a significant increase in unemployment in Netanya following the layoffs, Feirberg initiated an employment conference that many companies took part in to show available jobs in the area.
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