Albert’s Email 10/13

Start with cutting all of the BS DEI/WOKE crap!! That by itself would save hundreds of millions in lost revenue. Then put a full stop to all of these secondments/zig zagging & have people focus on what they were hired to do! Productivity would increase and this too will add millions more to help.

One last note. Investors don’t want to invest in companies that have a CEO w/ a history of financial incompetence & surround themselves w/ WOKE YES INDIVIDUALS.. Time to show yourself the door Albert… SMH.
 




Well, no one could have seen this coming. The moment it was announced over the summer in June that vaccines division was hiring over 120 new reps to "help handle the extensive workload," it was clear that a downsizing would be imminent. Four months to realize an expansion was a mistake that might be a new record. Here's to being quick and agile! Obviously, the whole company will be impacted, but the vaccines expansion was just plain stupid.


Not to mention the crazy summer fire drill to hire all those people in a 2 week period, training and the hassle of dividing peds customers out and disturbing relationships, etc.

Wonder if everyone in vaccines is going in the layoff pool with all new territory layouts and more disruption - or is it just first in, first out with the new people? I know what makes the most sense but the company won’t.

Timeline has to be soon. Beginning of December notification?
 












Seems like the demand isn't there when people aren't forced to get them and threatened with losing their jobs. Or, it could be that they didn't work like they said they would. Imagine that!
 
























The cuts will be tough on human capital. I’ve seen other companies announce cuts of 1000 employees equal savings on 1B. Does that mean 3.5B equals 3500 people?

It will most likely be much higher. This is a company wide global impact. We have 83,000 employees. So even if it’s a 10% cut (which is a very modest % compared to other corporate layoffs) it will far exceed that figure.
 
























Field force wise, If I were in the Vaccines division or CV.I would definitely be worried

CV
Rare disease
Derm
Breast
Vaccine
Manufacturing
Pfizer connect
Training
Marketing
and scattered impact to lesser extent across the rest.

Best of luck to all. No one enjoys these times no matter your position.
 




Not to mention the crazy summer fire drill to hire all those people in a 2 week period, training and the hassle of dividing peds customers out and disturbing relationships, etc.

Wonder if everyone in vaccines is going in the layoff pool with all new territory layouts and more disruption - or is it just first in, first out with the new people? I know what makes the most sense but the company won’t.

Timeline has to be soon. Beginning of December notification?