Merck announced it was closing its Rosetta Research Center

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On Oct. 22, 2008, Merck announced it was closing its Rosetta Research Center and would layoff 300 employees as part of larger company-wide reductions.

Overall, 60 per cent of the layoffs were taking place outside the US. That included the complete closure of research sites in Japan (the Merck Banyu institute in Tsukuba) and Italy, as well as one in Seattle.

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Source: American Association for the Advancement of Science
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