Updated Oct. 31, 2012 at 10:38 a.m.
Research Triangle Park, N.C. — "Sustained efforts to manage our cost base and to deliver financial efficiencies also continue," CEO Andrew Witty says. "We expect additional cost reductions and phasing of operating expenses to benefit earnings in the fourth quarter relative to Q3."...
GSK profits tumble 18%; CEO says more cuts coming
Post a comment
Print this blog postE-mail blog post
Share
Research Triangle Park, N.C. — "Sustained efforts to manage our cost base and to deliver financial efficiencies also continue," CEO Andrew Witty says. "We expect additional cost reductions and phasing of operating expenses to benefit earnings in the fourth quarter relative to Q3."...
WRAL Tech Wire any time: Twitter, Facebook
Copyright 2013 WRAL Tech Wire and the Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Please log in or register to view WRALTechWire Insider content
To access this premium content and other benefits, become a WRAL TechWire Insider. Daily, monthly, and annual memberships available.
Please Log In to add a comment.
Best of TechWire Insider
The Skinny
At last! Sprint 4G service formally launches in Triangle
Big Blue's layoff total climbs in RTP; North America total surges past 2,800
Big Blue layoff count nears 2,800 in North America alone
NC's high-tech job picture improves in May, but ...
IBM layoff count hits nearly 2,300 across 31 work groups
NC IDEA: Startup deal flow 'better than it has ever been'
IBM's job cuts are global, nearing 4,000; most are in U.S.
CEO fears for future of NC Biofuels Center due to budget cuts
Workers 50+ take biggest hit among 14% reduction in IBM marketing group
'Anxiety and disruption:' IBM's form letter for layoffs













