Parexel to eliminate 125 jobs in Durham

Parexel

Clinical research giant Parexel plans to eliminate 125 jobs in Durham, the company said in a letter to the North Carolina Department of Commerce.

The Parexel facility is located at 1818 Ellis Road in Durham.

The company said the reductions would begin around Sept. 30.

The company, based in Boston, has 80 locations in 51 countries, according to its website.

Parexel stock sells on the NASDAQ stock exchange. It closed at $68.96 on Friday.

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