News from the Wall Street Journal Health Blog: Abbott Laboratories recently announced plans to close a manufacturing plant in California and cut 1000 jobs. Many major companies (Merck, Wyeth, Bristol-Meyers Squibb, Johnson & Johnson, and Amgen) have also announced job cuts in recent months. Siemens, in fact, announced in June plans to lay off 17,000 workers worldwide, which could be a sign of the times, according to Cliff Mintz at BioJob Blog. Click here to read more.

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