Teva layoffs

Warren Buffett wagers big on Teva, and on Israel

The purchase initially sent share prices soaring by 12 percent.

Warren Buffett, chairman and CEO of Berkshire Hathaway
Teva Pharmaceutical Industries building in Jerusalem.

Beit Berl College to re-train former Teva workers as chemistry teachers

People protest outside a Teva Pharmaceutical Industries facility in Jerusalem on December 14

Teva delays 33% of Jerusalem layoffs until 2019

People protest outside a Teva Pharmaceutical Industries facility in Jerusalem on December 14

This week in Jerusalem: Life after Teva


PM to Teva boss: Minimize damage to workers, especially in periphery

Prime Minister Benjamin Netanyahu called Teva's CEO Kare Schultz on Thursday.

A Teva Pharmaceutical Industries building in Jerusalem

Hundreds protest at Teva plant following layoffs announcement

Protesters blocked the gate to the pharmaceuticals factory.

A building in Jerusalem belonging to generic drug producer Teva

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.

A building in Jerusalem belonging to generic drug producer Teva

Saving Teva

Why the pharmaceutical giant needs to be bailed out

A building in Jerusalem belonging to generic drug producer Teva

Teva shares plunge again after weak third-quarter

Stock price at lowest level since 2000

A building in Jerusalem belonging to generic drug producer Teva

New CEO to head struggling Teva Pharmaceuticals

Kare Shultz, currently at Danish Lundbeck, will be tasked with steering the Israeli-based company out of its recent hardships.

CEO of Teva, Kare Shultz

Teva reduces projected layoffs

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

A building in Jerusalem belonging to generic drug producer Teva

Israel's Teva Pharmaceutical stocks drop nearly 18%

The Israeli pharmaceutical company opened 17.5% lower in Tel Aviv this morning after losing 17.8% on Thursday.

Teva Pharmaceutical Industries building in Jerusalem.

Teva Pharm to cut an additional 1,000 jobs worldwide

The company confirmed the new layoffs on Thursday afternoon, after releasing a disappointing second quarter earnings report earlier in the day.

Teva Pharmaceutical Industries building in Jerusalem.

Pharmaceutical giant Teva to lay off employees at Israel branches

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

Teva Pharmaceutical Industries building in Jerusalem.