{"id":2343,"date":"2026-08-03T03:26:23","date_gmt":"2026-08-03T03:26:23","guid":{"rendered":"https:\/\/futureknowledge.in\/?p=2343"},"modified":"2026-08-03T03:26:23","modified_gmt":"2026-08-03T03:26:23","slug":"gsk-to-cut-jobs-amid-1-9bn-cost-cutting-plan-and-bid-for-faster-drug-development","status":"publish","type":"post","link":"https:\/\/futureknowledge.in\/?p=2343","title":{"rendered":"GSK to cut jobs amid \u00a31.9bn cost-cutting plan and bid for faster drug development"},"content":{"rendered":"<p>Pharmaceuticals company is investing \u00a3400m in UK life sciences and moving scientists to new Cambridge R&amp;D site<\/p>\n<ul>\n<li>\n<p><a href=\"https:\/\/www.theguardian.com\/business\/live\/2026\/jul\/28\/ai-sell-off-chip-stocks-slump-market-south-korea-japan-economy-latest-news\">Business live \u2013 latest updates<\/a><\/p>\n<\/li>\n<\/ul>\n<p>The British drugmaker <a href=\"https:\/\/www.theguardian.com\/business\/glaxosmithkline\">GSK<\/a> is to announce sweeping job cuts as part of a \u00a31.9bn cost-cutting programme to pay for a \u00a3400m investment in UK life sciences over the next three years, including in a new research and development centre in Cambridge, as it looks to develop drugs more quickly under its new chief executive.<\/p>\n<p>The pharmaceuticals company announced on Tuesday it will move more than 1,000 of its scientists to its new site on the Cambridge biomedical campus. It will close its R&amp;D site in Stevenage in Hertfordshire by 2029, while upgrading its R&amp;D laboratories at nearby Ware and moving some employees there.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2026\/jul\/28\/gsk-cut-jobs-cost-cutting-faster-drug-development-cambridge\">Continue reading&#8230;<\/a><\/p>\n<p><em>Source: <a href='https:\/\/www.theguardian.com\/business\/2026\/jul\/28\/gsk-cut-jobs-cost-cutting-faster-drug-development-cambridge' target='_blank'>Read the original article on www.theguardian.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pharmaceuticals company is investing \u00a3400m in UK life sciences and moving scientists to new Cambridge R&amp;D site Business live \u2013 latest updates The British drugmaker GSK is to announce sweeping job cuts as part of a \u00a31.9bn cost-cutting programme to pay for a \u00a3400m investment in UK life sciences over the next three years, including [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/2343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2343"}],"version-history":[{"count":0,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/posts\/2343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=\/wp\/v2\/media\/2344"}],"wp:attachment":[{"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futureknowledge.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}