A general view of the Israeli drug company TEVA Pharmaceutical Industries in Jerusalem, Israel, 11 October 2013. TEVA announced on 10 October that it is slashing it global work force by ten percent, meaning Teva will lay off some 5000 workers and from Israel some 800 employees are expected to loose jobs, in their bid to make the company more efficient. Stocks saw a gain of almost two percent following the announcement. Photo by Yonatan Sindel/Flash90