(Adds Teva comment)
By Steven Scheer
JERUSALEM, April 15 (Reuters) – Israels main labour federation intends to strike or take legal action against Teva Pharmaceutical Industries if the drugmaker does not suspend a decision to close a plant in the port city of Ashdod, it said on Sunday.
Debt-laden Teva, the worlds largest generic drugmaker and Israels biggest company, said last week that it would close the unprofitable plant in March 2019 after failing to find a buyer for the facility.
Half of the factorys 175 workers would lose their jobs in the coming months, with the rest continuing to work until the plant closes.
In a letter to Tevas management, the Histadrut federation said the companys decision was contrary to a previous declaration…
Read the full article at: https://www.reuters.com/article/teva-pharm-ind-plant-unions/update-1-israeli-unions-warn-teva-pharm-over-plan-to-close-ashdod-plant-idUSL8N1RS0EJ