Merck

Anonymous

Guest
When is Merck going to off load some of the office space they've acquired with the merger of Schering Plough/Organon? Was up at the Summit offices and it's a ghost town up there. Rahway is similar. They've laid off every other person, leaving empty floors in every building. Now more lay-offs are pending leading to more empty office space.
 






After the 2-year separation agreement lapses in early November. Then severance will run to a max of 52 weeks. They will get geared up on this in the wake of the J&J settlement.