2007 January 22 « Swing State

Breaking: Pfizer cuts will cost Michigan 2,410 jobs

By ALEJANDRO BODIPO-MEMBA and JOHN GALLAGHER

FREE PRESS BUSINESS WRITERS

Pfizer Inc. will cut 2,410 jobs in Michigan and close its massive Ann Arbor research facilities and a site in downtown Kalamazoo in another blow to the battered Michigan economy.

Beyond the human suffering involved in job cuts, Pfizer’s move marks a setback for Michigan’s efforts to develop its health sciences industry as a major generator of jobs for the future.

“Michigan adds jobs in tear drops, like Google, and loses them in roaring tsunamis,” said Tom Watkins, former state school superintendent of Michigan and CEO of TDW and Associates.

Read the rest of the article here

January 22, 2007 Posted by miswingstater | Michigan Politics, News from the News | | No Comments Yet

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Breaking: Pfizer cuts will cost Michigan 2,410 jobs

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