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AstraZeneca to cut 1,400 jobs in packaging revamp

http://www.reuters.com/article/idUSLK70433520081120

Nov 20 (Reuters) - Anglo-Swedish drugmaker AstraZeneca (AZN.L) said on Thursday it would cut 1,400 jobs in the coming years as it revamped its packaging operations. The company said in a statement released in Swedish it would close facilities in Porrino, Spain, Destelbergen, Belgium and in Umea, in northern Sweden. Jobs would also be cut at its operations in Macclesfield, Britain, and Sodertalje, Sweden.

The staff cuts would be carried out through to 2013 after local negotiations, AstraZeneca said.

Its forecast of restructuring costs remained unchanged for 2008 and would be updated in connection with the group's full-year results were presented in January, it added.