Parexel to lay off 850 amid restructuring

Parexel to lay off 850 amid restructuring

By Zachary Brennan

Massachusetts-based CRO Parexel is eliminating 850 positions, which it expects will cost the company $30m to $40m in employee separation benefits.

Questions over Ricerca buyout

New Ricerca CEO remains positive as questions linger over company

By Zachary Brennan

As questions continue to be raised over why Ricerca was on the brink of closure and laying off all of its employees, as well as how the company’s new owners and CEO plan to turn it around, one thing is certain: new CEO Clifford Croley is confident.


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