Belgium's UCB to cut 2,000 jobs worldwide
BRUSSELS, Aug 28 (Reuters) - Belgian pharmaceutical group UCB (UCB.BR: Quote, Profile, Research, Stock Buzz) said on Thursday it would cut 2,000 jobs or 17 percent of its workforce as part of a worldwide shakeup.
"UCB intends to reduce its worldwide workforce by 2,000 positions which is planned to be achieved by making around 2,400 positions redundant and by creating around 400 new positions," the company said in a statement.
(Reporting by Huw Jones, editing by Rory Channing)
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