N.C.-based PPD cutting 270 jobs across nation

Thursday, July 09, 2009 3:00 AM  |  Printer friendly version | E-mail to a friend |

WILMINGTON (AP) — A North Carolina contract research company says it will lay off 270 workers across the nation, including fewer than 80 at its Wilmington headquarters.

The Star-News of Wilmington reported that PPD said Wednesday it has strong global demand for its services but demand in North America has been less than expected.

A company spokeswoman says employees losing their jobs will receive severance pay and benefits and employment counseling.

PPD employs about 1,800 people at its headquarters on the banks of the Cape Fear River.

In June, PPD also cancelled plans for a presence at the N.C. Research Campus in Kannapolis. Originally promising 300 jobs, the company cited slow construction at the campus as part of the problem.

———

Information from: The Star-News, http://starnewsonline.com

If you would like to subscribe to the Salisbury Post, click here.

Notice about comments:

Salisburypost.com is pleased to offer readers the ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. Salisburypost.com cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not Salisburypost.com. If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website. Full terms and conditions can be read here

Salisbury Post is proud to offer our users enhanced commenting features. You can now build user-to-user connections, follow friend's recent posts, add an avatar that fits your personality, and more. If you have posted here before you’ll need to sign up again and if you’ve never posted start now by signing up