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Saturday, May 22, 2010

Quintiles layoffs hit Triangle

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Clinical research organization Quintiles Transnational has implemented layoffs in Durham and throughout its global work force of more than 20,000 people spread across 60 countries.

Quintiles spokesman Phil Bridges confirmed that the company laid off workers on May 20, but he declined to provide an exact number. Bridges said the total number of layoffs was fewer than the number of open jobs the company has listed in the United States.

Quintiles currently lists 351 open U.S. jobs.

The privately held company does not release financial information but some industry estimates put the CRO’s annual revenue at about $3 billion.

Charles Winker, a spokesman for the North Carolina Department of Commerce, said that he has not seen any filings from Quintiles under the Workers Adjustment and Retraining Notification Act, or WARN, a federal law that requires a notice to be filed if the number of layoffs reach a certain threshold at a particular location. Bridges said that the cuts were made in Durham as well as other locations throughout the company’s global footprint.


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