Pharmedica Dismisses 30 Workers; May Close by End of the Month

Summary


Pharmedica Communications, the town's showpiece of commercial development, abruptly fired 30 employees last week, telling them the business may cease operations this month. "All we were told was, 'There's no cash,'" said "Jane," one of the fired employees, who asked that her real name be withheld. "It's obviously pretty devastating to be let go without warning."

Jane estimated that Pharmedica had divested itself of about one- third of a workforce that has dwindled to about 90 employees in the past four years.

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Extract


Pharmedica Dismisses 30 Workers; May Close by End of the Month

Jane said the fired employees were told of their dismissal in groups of 10 to 12 by ...

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