Business & Innovation
Histadrut chair Ofer Eini at Labor Court_311.
(photo credit:Marc Israel Sellem)
Following a wave of public criticism over the decision to lay off 700-800 employees in Israel as part of a company-wide restructuring program, Teva Pharmaceutical Industries announced Tuesday that it had reached an agreement with the Histadrut Labor Federation not to dismiss any of its Israeli workers without the federation's consent.The debate over the fate of Teva’s workforce in Israel reached a fever pitch earlier in the week when opposition leader Shelly Yachimovich (Labor) called Teva's plan "a mass terror attack," saying that given the near-zero taxes the pharmaceutical giant pays the state, the plan was an "act of cannibalism."
By A. MARK CLARFIELD
By EVELYN GORDON
By NEVILLE TELLER
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