Live Update arrow right icon From the Liveblog of Tuesday, December 19, 2017

Teva CEO meets with Netanyahu, Kahlon over planned layoffs

19 December 2017, 2:31 pm Edit

Teva CEO Kare Schultz meets with Benjamin Netanyahu and Finance Minister Moshe Kahlon regarding the pharmaceutical giant’s plans to lay off around 1,700 Israeli workers and close some of its factories in the country.

Employees of the company are demonstrating against the planned job cuts outside the Prime Minister’s Office in Jerusalem, where the meeting is taking place.

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