R&D here; Biofind is down

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Anonymous said:
If department X in the new organization has 20 vacancies and 60 current Wyeth employess are mapped to department X, all 60 will be allowed to bid, and will be intereviewed by Dept. X managers.
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Sorry to make you sad! Manager of Wyeth dept with 60 people has been asked which 20 would be qualified for the Dept X at PFE. Meetings are ongoing! Best of luck to all! We all know managers have their favorite, so if you know you were not one, it is time to start looking...
 








Any idea about development operations. They are moving the organization DAY 1 but most of the PFE jobs are outsourced. Are Wyeth people going to be offered contract jobs?? What if we turn them down? What happens to severance assuming no relo is necessary. These are mostly work from home positions.
 




I don't think they will interview everyone (like level 12 and below in research), it would take too much of their time and it just isn't worth it. Managers were asked to rank everyone in their dept months ago. They want to be able to make decisions quickly and interviewing everyone would take months. Just my opinion.
 












Anonymous said:
Yes, you will be interviewed but >95% decisions have been made before that. In the end, only 1/3 of Ann Arbor employees were relocated to CT and put into the bottom layers......
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The funny thing is that upper management realized later that they did not save much by closing Ann Arbor before the relocation was so expensive. I am sure they will be careful this time to make sure the synergy is achieved.
 




Does anyone know (please don't guess) if Pfizer offered voluntary taking of packages to researchers over 55 (or 52) when they bought Pharmacia or Warner Lambert?

It would make sense, but have not heard any hint of this happening.
 












Re: #29

Re: #29 Unclear. Day 1 is not same as Closing Date. There will be at least ten days BETWEEN the closing of the deal (legal closing) and Day 1, when we begin to operate as one company (ie Wyeth people officially report to Pfizer bosses).
 




We were told something different. The final regulatory approval will preceed the close by 5-10 days. Most people think 10 days. Close is the same as day 1. We were told there will not be a gap as with previous acquisitions with Pfizer. Portfolio review will take 30 days and the R&D layoffs are likely after that.
 




Interesting how non-written communications become muddled even when only one degree of separation exists.

Our managers were more then likely given the same information, but either understood it differently, or managed to convey it in two different and similar-but-not-identical ways.

Reminds me of the "telephone" game in kindergarten. Except ...never mind.
 








Of course the approvals have to be public. Which country do you live in?
Clearly even HR reps are confused. The bottom line is nothing will happen before FTC approval, which won't come soon, unless you believe the weekly post of "it will happen this week."
 








None of us knows anything. If there are few who know, they are not speaking. All the rest have been intelligent guesses, or "this is what would make sense to me" type speculation.

Many chemists, biologists, formulators and operations types think their jobs will be eliminated either totally, or off-shored to China or India.

The great pain will come from site closings, and we know that Pfizer has a few mega-sites as opposed to our many special-purpose smaller sites. All this goes to confirm the first sentence.
 




We're not hearing much within research internally other than that supposedly a few days before the close (I have heard anywhere from 3-8 business days) banners will go up at CV touting Wyeth's history and accomplishments. That's how we're supposedly know things are getting close to being final.

I have no information on the positions that PFE currently outsources as contract. HR has posted a reply to that question but, there is too much legal wording to confirm whether you: get severance and a contract offer, contract position take it or leave with nothing, or have a choice between the two. I know everyone who is mapped to development operations group is concerned about that but, there's really no answer as yet.
 




R&D Friends: I had heard that many in R&D will be offered transfers to Pa.. Advice I received was to hold off on selling my house. In Pa., taxes are lower, housing is lower, golf is better, weather is warmer, and incentives are better. Most in marketing are getting axed, so there will be a lot of bargains in housing.
 




Anonymous said:
We're not hearing much within research internally other than that supposedly a few days before the close (I have heard anywhere from 3-8 business days) banners will go up at CV touting Wyeth's history and accomplishments. That's how we're supposedly know things are getting close to being final.

I have no information on the positions that PFE currently outsources as contract. HR has posted a reply to that question but, there is too much legal wording to confirm whether you: get severance and a contract offer, contract position take it or leave with nothing, or have a choice between the two. I know everyone who is mapped to development operations group is concerned about that but, there's really no answer as yet.
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My understanding is that if you are offered a position with a company that is an outsoursing vendor to Pfizer, you get the severance regardless of whether you accept the offer or not. Many in Pearl River maintenance expect to get severance AND a new job doing the same thing in the same place, but at a lower salary and poorer benefits. The Pfizer way.

Not bad, really, but may be short lived.
 




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