Manhattan, NY - Pfizer to Slash Sales and Staff
Manhattan, NY - Pfizer Inc. said that it plans to cut its sales staff by 20% nationwide as part of its ongoing restructuring efforts.
The Manhattan-based drug maker said last month that it would undertake a comprehensive review of all of its operations.
Earlier this year, Pfizer said it would cut about 270 jobs at its Brooklyn manufacturing plant, which makes many of the products that will face generic competition as their patent exclusivity runs out. “The changes we are making today will better align our sales organization to our overall customer and business needs,” said Pfizer Chief Executive Jeffrey Kindler in a statement.
The Manhattan-based drug maker said last month that it would undertake a comprehensive review of all of its operations.
Earlier this year, Pfizer said it would cut about 270 jobs at its Brooklyn manufacturing plant, which makes many of the products that will face generic competition as their patent exclusivity runs out. “The changes we are making today will better align our sales organization to our overall customer and business needs,” said Pfizer Chief Executive Jeffrey Kindler in a statement.
posted by VOS IZ NEIAS @ 11/28/2006 06:19:00 PM
4 Comments:
At 10:12 AM,
Anonymous said…
what is pfizer selling out now.
I bought shares of this several months ago at 23
At 10:41 AM,
Anonymous said…
...it's now trading at 27.25
At 2:07 PM,
Anonymous said…
I don't think heimishe people are loosing jobs. Most Pharma reps are hired for their looks if you get my drift
At 8:59 PM,
Anonymous said…
I am sure this has something to do with inzir mentshin but I dont know what it is. How come we dont have posts whenever companies like IDT which have more yiddin employed lay off people -- usually around Yom Tov??
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