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Charles River Laboratories to cut 4 percent of jobs

Thu, 11/04/2010 - 5:37pm
Mass High Tech: The Journal of New England Technology

Charles River Laboratories International Inc. will lay off 4 percent of its staff in a move the company said will save $40 million per year.

The Wilmington-based life sciences tools and services company cited “continuing softness in demand from our global pharmaceutical clients” as the reason for the cuts, which were announced as a part of the company’s third quarter earnings release.

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