Showing posts with label CafePharma Accounting Severance Kenilworth SEC SGP layoffs January 7 2011. Show all posts
Showing posts with label CafePharma Accounting Severance Kenilworth SEC SGP layoffs January 7 2011. Show all posts

Friday, January 7, 2011

UPDATED Kenilworth Information: Partial Sale; Partial Closure Of Legacy Schering-Plough HQ


Our sincere condolences go to the anonymous comment poster -- and all others -- who were told they are now no longer employed by New Merck, today. Here is a first hand report, of the all-hands' meeting:

. . . .Anonymous said. . .

The way it was explained to us (1 of the 580 being let go) They are closing every building on site, except one research building that they are dumping the $120 million into, and selling off the rest of the space. The size of the site will be about 1/4 what it is now. Fred's old office building will be gone by 2013 a few other buildings are already vacant. That nj.com story makes this seem like a good thing.

January 7, 2011 3:06 PM. . . .

We will, of course, keep tabs on this.