Issue 61  

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FMCG News Update
Upside Of The Downturn
Colour And Flavour Rule Consumer Preferences
Key Week For Giants
Sainsbury’s Faces Squeeze
Glaxo Plans To Axe 850 Jobs
Credit Crisis Soups Up Campbell's Profits
Poundland's Profits Up 122%

RETAIL
Down The Aisle... Northern Foods Sales Were Up 6.5% Due To Price Increases
Out to Launch... Atkins launches New Low Carbohydrate Snack Bar
Supermarket News... Waitrose Quality Poistion
Beverage Bulletin.. Coke Makes a Monster Move
Up the High Street... Baugur Cool About Icelandic Banking Impact
Green Room... Organic Back Down To Earth

MARKETING
Sales and Marketing... Internet Advertising On Crest Of A New Wave
Movers and Groovers... Coca-Cola Appoints New VP To UK
Cause Marketing Increases Sales
Blogg-Srcg Wake-Up: Is That Really The Best You Can Do
How To Make Gains Online

TRENDS
Top 30 Drinking And Alcohol Trends

TEA BREAK

Drunk driving video and an hilarious intercourse with a bank about a dead persons account.. maybe explains a lot about today's banking crisis
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Issue 61   June 13, 2011

 
Glaxo Plans To Axe 850 Jobs
In UK And US

GlaxoSmithKline is planning to cut 850 research and development jobs in Britain and the US, in a bid to improve productivity.

The move is in addition to 350 job cuts announced by the world’s second biggest drugmaker in June.

“Following a recent review of business operations, we have started consultation on proposals which could impact 850 roles within R&D in the UK and the US,” a spokeswoman said.

In July, GlaxoSmithKline said it would divide its research and development, which is in seven centres, into smaller groups of up to 80 scientists. The groups will have to apply for funding to a central investment board.

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