Strike Briefly Shuts Down Israel Over Teva Pharm Job Cuts

Strike Briefly Shuts Down Israel Over Teva Pharm Job Cuts
Worker of Teva Pharmaceutical Industries block a road during a demonstration near the facility in Neot Hovav, southern Israel December 17, 2017. Reuters/Amir Cohen
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JERUSALEM—Israel’s main public-sector labor union went on a half-day strike on Sunday, closing the airport, the stock exchange, banks and all government ministries as part of a protest against mass layoffs planned by Teva Pharmaceutical Industries.

The debt-ridden Teva, one of Israel’s largest companies and the world’s largest generics drugmaker, last week said it would cut its global workforce by more than a quarter, or 14,000 jobs.