Avanir, Strides are laying off US employees as Sanofi eyes early retirements in Korea: report

In California, Avanir Pharmaceuticals will let go (PDF) of 109 employees, effective on New Year’s Eve, as part of the firm's absorption into its parent company Otsuka of Japan. And in New York, Strides Pharma will lay off 88 at its manufacturing site in Chestnut Ridge. That move takes effect on Jan. 27 of next year.

Meanwhile, Sanofi plans to downsize its workforce in Korea through a voluntary early retirement program, according to report from the Korea Biomedical Review.