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Company: Valeant Pharmaceuticals
Based: Laval, Canada
Announced layoffs: About 2,700
Layoffs at Valeant Pharmaceuticals ($VRX) have not been about financial hurdles to be overcome but rather steps on the stairway of business growth. CEO J. Michael Pearson has his sights set on creating a company with $20 billion in annual revenues and has been doing one buyout after another to achieve...