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Teva Pharmaceuticals announces layoffs of more than 200 workers

Teva Pharmaceuticals announced on Thursday that it will officially be laying off more than 200 workers from the plant in Netanya. The workers are...

Teva Pharmaceutical: Layoffs to be postponed, employees to receive additional benefits

Israeli pharmaceutical giant Teva signed an agreement with its employees, according to which those who are laid off will receive a significant benefit package...

Teva CEO tells Netanyahu mass layoffs ‘painful but absolutely vital’

The CEO of Teva has rejected the government's attempts to minimize the announced layoffs in the company, saying the plan will be executed fully. ...

Teva protesters threaten to blow up plant if layoffs go forward

At the Teva factory in Jerusalem, workers and their families camped overnight to protest the expected layoffs in the pharmaceutical company. ...

Teva dismissals cut down following trade union agreement

After Teva employees in Israel stopped working in protest of dismissals, Israel’s national trade union center announced that it has reached an agreement with...

Teva Pharmaceutical sees secondary drop in share prices amid reported losses

After yesterday's (Thursday) announcement that Teva Pharmaceutical would take on a number of recovery measures in response to their $6 billion loss, the Israeli-based...

Teva to fire 7,000 employees worldwide after reports of $6 billion loss

The Israeli drug company said it will also close or sell six of its plants and pull out of 45 countries by the end...

Google overthrows Israel Electric Corporation as the best workplace in Israel

Google surpasses Israel Electric Corporation for the first time as the best workplace in Israel. This is the first time in four years that...

Pharmaceutical giant Teva CEO stepped down

Over the night, Israeli giant Teva Pharmaceutical Industries announced that CEO Erez Vigodman will leave the company in a ‘mutual decision’. ...

Following court ruling: Teva’s share price drops 9%

Teva’s share price in New York dropped 9% following a US court’s ruling against the company. The court decided that four of Teva’s patents...