Pharma-Giant Teva Layoff Leads to Massive Strikes

Israeli pharma-giant, Teva, fell into financial crisis, leading to massive layoffs of at least 1,700 employees in the company’s plants in Jerusalem, Ashdod, Kfar Sava and Netanya. Dozens of Teva employees blocked major roads in the Har Hatzvim area of Jerusalem while hundreds of thousands of Israeli workers failed to show up on Sunday is a show of solidarity.