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Glaxo planning reorganisation: sources

Revamp will include hundreds of job cuts in US, where the drugmaker is struggling to sell respiratory medicines

Geneva

GLAXOSMITHKLINE plc is planning a reorganisation that will include hundreds of job cuts in the US, where the drugmaker is struggling to sell respiratory medicines, people familiar with the situation said.

London-based Glaxo will announce a workforce restructuring as soon as this week, said the people, who asked not to be identified discussing a private company matter. The changes will involve operations in the US, its biggest market. Deirdre Connelly, president of North American operations,...

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