teva ceo

Nation girds for general strike today in protest of Teva layoffs

Morning flights halted at Ben-Gurion, public transit to operate as usual.

Politicians can decry Teva layoffs, but why did they give billions in tax breaks?

Teva has benefited from an estimated NIS 22 billion ($6.2b.) in tax breaks and subsidies from 2006 until today.

Teva
Teva Pharmaceuticals to lay off 14,000 employees worldwide, 1,750 in Israel

Teva's shares rallied on Thursday in response to the proposed cutbacks, rising more than 15% in one day on the Tel Aviv stock exchange, as of 4pm Israel time.

Teva Pharmaceuticals considers laying-off 10,000 workers

The Petah Tikva-based company seeks to reduce its expenses by $1.5 billion to $2 billion in the next two years.

Saving Teva

Why the pharmaceutical giant needs to be bailed out

By SHLOMO MAITAL
05/11/2017
Teva shares plunge again after weak third-quarter

Stock price at lowest level since 2000

Yaron Neudorfer
Yaron Neudorfer, CEO of Social Finance Israel, pays for success

Social Finance Israel, led by Yaron Neudorfer and his team, has dipped its toe into the water.

By SHLOMO MAITAL
24/09/2017
Teva reduces projected layoffs

Once dominant Israeli drug company Teva Pharmaceuticals continues to be battered.

Teva
Pharmaceutical giant Teva to lay off employees at Israel branches

Israeli media assesses that at some 300 employees would lose their jobs.

Erez Vigodman
A taste of its own medicine?

Teva Pharmaceuticals, Israel’s biggest company, has seen its share price halved as generics eat at its profits, and leveraged buyouts have left it burdened with huge debts.

By SHLOMO MAITAL
21/02/2017
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