CRO

After successful IPO, Quintiles plots 400 job cuts

Global CRO Quintiles ($Q) is planning to slash 400 jobs this year, the company disclosed in a regulatory filing, primarily from its product development and healthcare services departments. The cutbacks make up just about 1.5% of the CRO's global workforce, the News-Observer notes, and a company spokesman told the paper that Quintiles is recruiting to fill about 900 positions around the world. Filing | Story