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Pfizer cutting jobs in Pa.

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Pfizer Inc. is slashing jobs in Pennsylvania, just as it has done over the past week in New York and New Jersey.

The Philadelphia Inquirer reports that 680 layoffs are expected at Pfizer campuses in Collegeville and Great Valley by March 12. The reductions - 450 in Collegeville, 230 in Great Valley - represent about 15 percent of the combined 4,500 employees at the two legacy Wyeth sites.

A Pfizer spokeswoman acknowledged that more layoffs are expected during a period in which the company is attempting to downsize by about 20,000 as it tries to cut costs after the Wyeth merger.

- Lee Howard


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