Live Update 
From the Liveblog of
Tuesday, December 19, 2017
From the Liveblog of
Tuesday, December 19, 2017
Teva CEO rebuffs PM’s entreaty to reverse planned Jerusalem factory closures
Teva CEO Kare Schultz will not reverse his company’s decision to close some of its factories in Jerusalem despite a request by Netanyahu, the Prime Minister’s Office says.
The PMO says Schultz instead offered to work with the government to assist the 1,700 workers set to be laid off by the pharmaceutical giant find other employment.
It also says Schultz stressed his commitment to ensuring Teva’s headquarters and research and development center remain in Israel.
If you’d like to comment, join
The Times of Israel Community.
The Times of Israel Community.
JOIN THE TOI COMMUNITY
Already a member? Log in here