Research Triangle Park

Monsanto plans to close down three R&D centers in 2016, cutting out about 90 jobs

Missouri agrichemical giant Monsanto announced Monday that it will close down three research and development centers in 2016, cutting about 90 jobs. Reuters reported that the move is done to cut costs on its restructuring operations that are necessary for the dwindling agricultural commodity market.

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GSK cuts U.S. sales and research jobs as market gets tougher

GlaxoSmithKline (GSK.L) said on Wednesday it would shed "several hundred" U.S. commercial jobs and a similar number of research positions as it restructures operations in its biggest market, where drug sales are flagging.

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