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Large swaths of Israel’s capitalist economy were shut down on Sunday morning, December 17, as result of a general solidarity strike declared by the Histadrut Labor Federation over plans by the pharmaceutical giant Teva to lay off some 1,750 employees in Israel. On Sunday morning, Teva employees gathered outside the pharmaceutical company’s offices in Jerusalem,…
Teva Pharmaceuticals, the largest generic-drug company in the world, announced on Thursday, December 14, that it will lay off nearly 25% of its global workforce, or some 14,000 people, within the next two years. 1,750 of the employees to be fired will come from the company’s workforce in Israel. Two of the company’s Israeli facilities…
Teva Pharmaceutical Industries Ltd., the world’s largest manufacturer of generic medicines, plans to fire as much as 25% of its Israeli workforce, according to the daily business newspaper Globes. The new streamlining plan will involve the company shedding an additional 20% of its workforce worldwide with most dismissals expected in the US and Europe. Before…
Teva Pharmaceutical Industries announced on Sunday, July 23, its intention to lay off workers at two Israeli factories, and will be firing both regular employees and managerial staff at its Kfar Saba and Ramat Hovav-based Teva Tech facilities over the coming months. While Teva did not reveal how many of the company’s 7,000 Israeli employees…
The strike at the Teva Tech factory came to an end on Thursday evening, after a memorandum of understanding was signed between the company and the Histadrut labor federation. The 1,100 employees at the Teva-Tech plant at Neot Hovav in the Negev have gone on strike three weeks ago over their salaries and work conditions.…
Approximatey 500 Teva Tech employees demonstrated for this morning (Wednesday) outside the management offices of Teva Phramaceutical’s management offices, which are located in Petah Tikva. The employees arrived by bus from as far away as Dimona, Yeruham and Beer Sheva to attend the protest. 1,100 Teva Tech employees opened a strike this on last Sunday…
Workers at the Teva-Tech plant in the Negev went on strike Sunday morning in protest against their pay and work conditions. The workers have been demonstrating by the gates of the facility, located in Ramat Hovav, which belongs to Teva Pharmaceutical Industries. The employees claim that 60% of the plant’s employees earn the minimum wage,…
The workers committees at Oil Refineries in Haifa Bay and Teva Pharmaceutical Industries all over Israel are planning to fight managements’ decisions to fire 240 employees at Oil Refineries and 700-1,000 employees at Teva. On Monday Teva-Tech workers’ committee chairman Avraham Zohar threatened “to break the company”. “In Petah Tikva, there are employees with…
MK Dov Khenin (Hadash) said on Monday that he planned to introduce legislation requiring companies that receive aid or tax concessions, like Teva, under Israel’s Law for Encouraging Capital Investment, to return the money if they lay off employees. Teva announced that it will fire 5,000 employees worldwide, and media reports claim that it will…
Pharmaceutical giant Teva announced Thursday that starting soon and until the end of 2014, it will go through a comprehensive wave of layoffs in Israel and abroad. The job cut will see some 5,000 employees laid off, with an estimated 800 to lose their jobs in Israel. The wave of layoffs is part of a…