Sanofi Genzyme announces 130 staff cuts

Sanofi Genzyme has announced today it will dismiss 130 employees at Allston Landing plant in Boston. The decision reflects the need to cut prices and simplify production processes. Sanofi acquired the site in 2011, after acquiring Genzyme. Sanofi currently has approximately 5,000 employees in Massachusetts, spread over Allston, Cambridge, Framingham, Northborough, Walthan and Westborough plants.
(Source The Boston Globe)