Forget a consumer spinoff. GlaxoSmithKline is plotting a $525M cost-cutting drive instead

25th July 2018 Uncategorised 0

Forget the speculation you’ve heard over the past few days: GlaxoSmithKline is sticking with its three-unit structure, CEO Emma Walmsley says. And it’s rolling out a cost-cutting plan to make sure all three businesses have the funds they need.

More: Forget a consumer spinoff. GlaxoSmithKline is plotting a 5M cost-cutting drive instead
Source: fierce