More Corporate Cannibalism
a person who eats the flesh of other human beings : [as adj. ] cannibal tribes.
â€¢ an animal that feeds on flesh of its own species.
The Star Ledger reports on another act of corporate cannibalism.
Merck will close three N.J. facilities
April 28, 2010, 7:22AM
Merck & Co. Merck is planning to close three facilities in New Jersey by the end of 2012, a report on Pharmalot.com said.
The drugmaker will close Roseland and Lafayette facilities in 2010 and close the Union site in 2012, according to the report. The company also said it will layoff many people who work in R&D, such as in Lafayette, where Schering-Plough Research Institute has offices, and manufacturing, the report said.
This commenter about sums it up:
Merck didn’t buy Schering to become a larger company and take on all the Schering employees. Merck bought Schering to acquire all the named drugs Schering produced. The Schering employees knew this was coming. That’s why they’ve been having protests since the takeover. You idiots enjoy you teabags!!