McKesson cuts 1,600 jobs to trim costs

(Reuters) - U.S. drug distributor McKesson Corp said on Wednesday it cut 1,600 jobs, or about 4 percent of its U.S. workforce, to slash costs after the company lost some key customers. McKesson said in January it would review its cost structure and decided that "reductions to our workforce would be necessary to align our cost structure with our business needs," the company said in an e-mailed statement. Bloomberg first reported the news on Wednesday, which a McKesson spokesman later confirmed to Reuters.