Pfizer Job Cuts Could Cost Company Tax Incentives

Wed, 11/11/2009 - 4:29am
ST. LOUIS (AP) — Now that the drug maker Pfizer has announced plans to cut 600 jobs in Chesterfield, St. Louis County officials are rethinking $7 million in tax breaks promised to the company over the next decade. County Executive Charlie Dooley told KMOX Radio that the company must maintain a certain level of employment to retain the incentives. Dooley says that with the job cuts, Pfizer probably won't meet the requirement. Dooley told KMOX he is asking his staff to look into revoking the incentives.

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