[Free Beacon] Executives at Mylan N.V., the pharmaceutical company that drew controversy for increasing the price of EpiPen devices nearly 400 percent, donated heavily to Democratic senator Joe Manchin's reelection campaign as the company planned to lay off more than 400 workers in his home state of West Virginia.
Mylan‐whose CEO, Heather Bresch, is Manchin's daughter‐announced Friday that it will lay off 15 percent of the workforce at its manufacturing plant in Morgantown, W.Va. The plant, one of about 50 that Mylan has around the world, employs upwards of 3,000 West Virginians and is one of the state's largest employers.
The majority of the layoffs will occur in the plant's operations division, which consists largely of hourly-waged workers. Mylan has confirmed that some of the employees will have recall rights, meaning they can potentially return to work after a specified amount of time if the company chooses to expand, while others will be offered buyout packages.
In a statement provided to the Washington Free Beacon, Mylan blamed the changing pharmaceutical industry and evolving "regulatory expectations" for forcing the company to downsize its Morgantown plant. |