Teva Postpones One Third of Israeli Layoffs Until 2019

Amid a labor union strike and social unrest, Israel-based pharmaceutical company Teva has announced they’ll be delaying layoffs for 140 of the planned 340 employees of its Jerusalem manufacturing facility until 2019. While the remainder of the nearly 350 employees scheduled to be let-go will still be laid off this year, the decision has brought an end to the strike.