QUINTILES ANNOUNCES PLANS TO CUT 316 ADDITIONAL JOBS

Quintiles Transnational has said its restructuring will cost an additional 316 jobs -- bringing the number of announced layoffs since November to 546. But the pharmaceutical services company, which employs 1,100 people at its Durham headquarters and about 17,000 worldwide, said that hiring will outpace job reductions by the end of the year. Spokesman Jay Johnson would not discuss how the restructuring will affect the company's Triangle operations.

News Observer (http://newsobserver.com/business/story/2026308p-8410142c.html)