Severance

It all depends if your legacy Schering or legacy Merck. I happen to be legacy Schering myself and the change of control is still in effect until Nov. 30.

There is a high level is expectations from with in that layoffs will do down this week (Apr 25 - 29). Many are bracing for it, Merck has thrown a lot of chum in the water that indicate it will happen.

Funny you should say that - legacy SP here. I have heard the same stuff and even on the Merck intranet site the fact that the new sales/marketing model will require change to happen very quickly in order to be in place in the next several weeks - it is very somber and talks about how much change is necessary and how far sweeping it will be and fast. I hadn't heard this week, but I wouldn't be surprised based on all of the uneasiness coupled with what is on our own corporate site.

Good luck all - and thank God for that change of control still being in effect!
 






It all depends if your legacy Schering or legacy Merck. I happen to be legacy Schering myself and the change of control is still in effect until Nov. 30.

There is a high level is expectations from with in that layoffs will do down this week (Apr 25 - 29). Many are bracing for it, Merck has thrown a lot of chum in the water that indicate it will happen.

What "chum" is that????