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Cardinal Health axes 600 positions in streamlining move

This article was originally published in Clinica

Executive Summary

US health products and services company Cardinal Health is set to cut 600 jobs from its workforce in a bid to streamline its business operations. The firm said that, because of the job cuts, which represent about 2% of the firm’s 40,000-strong workforce, it would incur restructuring charges of around $63m. The company expects to recognise this figure during fiscal 2009.

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