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LONDON (Reuters) - British drugs company GlaxoSmithKline Plc. (LSE:GSK.L -
News) is set to announce about 6,000 job losses when it posts results on
Thursday, the Sunday Telegraph newspaper said. The cuts by Glaxo, the world'
s second largest drugs company after U.S. group Pfizer (NYSE:PFE - News),
are part of Chief Executive Andrew Witty's strategy to meet the challenges
facing the industry, including increased competition from generic drug
makers, the British newspaper said. | A***4
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