Tags: General

Reports that Teva Pharmaceutical Industries is planning a restructuring involving mass layoffs in Israel sparked calls on Wednesday for a half-day general strike to be held in protest. The plan includes closing Teva’s research and development centre in the coastal city of Netanya, selling its logistics centre in Shoham and cutting 3,300 jobs out of…

John Flannery, the new CEO of General Electric Company (NYSE:GE), has the hardest job in Boston. Predecessor Jeff Immelt left him with a mess. Before leaving, Immelt was pressured by Nelson Peltz’ Trian Fund Management to bring earnings to $ 2 per share by next year. Before he left, Wall Street had finally stopped buying his act.…