Layoffs Have Begun

[anonymous]

Exactly! Merck is bracing for quite a hit in 2028- between 25 billion patent cliff for Keytruda AND the 8.9 billion cliff that same year for Gardasil 9, there will be significant impact to the company. And I’m not sure that we have any real blockbusters in the clinical. I don’t think there’s any other pharma company facing anything close to us in the next decade. They are staggering numbers. This, coupled by lower than expected growth for Gardasil in China (reflected in stock slump)… it’s no wonder that the bean counters are nervous!

My impression was that we have quite a number in the pipeline and celebrations with new launches. Are none of them going to cut it?

 

[anonymous]

Exactly! Merck is bracing for quite a hit in 2028- between 25 billion patent cliff for Keytruda AND the 8.9 billion cliff that same year for Gardasil 9, there will be significant impact to the company. And I’m not sure that we have any real blockbusters in the clinical. I don’t think there’s any other pharma company facing anything close to us in the next decade. They are staggering numbers. This, coupled by lower than expected growth for Gardasil in China (reflected in stock slump)… it’s no wonder that the bean counters are nervous!

I thought new pipeline remains healthy? We still have 4 years to play catch up.

 

[anonymous]

They often hire from outside to launch new products. People with established relationships.

 

[anonymous]

Bunch of people in MMD got their walking papers this week...

 

[anonymous]

Bunch of people in MMD got their walking papers this week...

To do it in December is just terrible.

 

[anonymous]

To do it in December is just terrible.

This new regime doesn't care about the people, only the numbers

 

[anonymous]

layoffs in MMD continue this week, mostly in IT thanks to the announcement of a new IT Tech Center in Hyderabad India

 

[anonymous]

more coming in early 2025

 

[anonymous]

layoffs in MMD continue this week, mostly in IT thanks to the announcement of a new IT Tech Center in Hyderabad India

Is India the only country that we can pick offshore ?! Just asking…. Too much of something is not very DEI.

 

[anonymous]

Is India the only country that we can pick offshore ?! Just asking…. Too much of something is not very DEI.

when it comes to saving money, company seems quite willing to throw their DEI values out the window