GSK to axe U.S. jobs as part of $1.6 billion cost cuts: sources

LONDON (Reuters) - GlaxoSmithKline will this week inform U.S. staff of hundreds of job cuts in its biggest market as the drugmaker starts implementing a major cost-saving program, sources familiar with the matter said on Sunday.

via Health News Headlines - Yahoo News http://news.yahoo.com/gsk-axe-u-jobs-part-1-6-billion-111245853--finance.html