In the news: GSK China plans 1,000 layoffs, the CBRC announces restructuring and eight companies begin credit reporting

January 27, 2015 | BY

clpstaff &clp articles

This week GlaxoSmithKline's China operations faced internal reorganisation, the CBRC began restructuring to regulate trusts and the PBOC picked companies like Alibaba to prepare credit reporting operations

Promulgated: 2015-01-22

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GSK China to lay off 1,000 employees


GlaxoSmithKline's China operations is planning to lay off up to 1,000 employees this year as it deals with a sales slump after last year's bribery scandal, according to sources close