AZ cuts back on business travel, events to save money

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AstraZeneca ($AZN) staff won't be packing their bags for business travel so often anymore. The budget-minded drugmaker has grounded employees from "non-essential" travel and meetings, and slashed its participation in industry events. Its corporate events group, once a staff of 6, has been cut back to two employees, as the company also cuts back events at its own offices. Report

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