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Employees at GlaxoSmithKline's plant in Montrose have been warned to expect redundancies. A review of its activities is under way as the firm tries to save £700m a year by 2010 across its global operations. There are currently about 450 permanent and temporary staff at the pharmaceutical factory in Angus. The number losing their jobs will not be known until the review is completed in about a month's time, but GSK said the number would be "small". 'Positive outcome' A spokeswoman added that the review was necessary because the pharmaceutical sector was changing and worldwide efficiencies were essential. She reassured workers that a full consultation would be undertaken if redundancies were announced. Angus MSP Andrew Welsh said: "I have received assurances from GSK management that 'it is unlikely that Montrose will close or... [read full story]
