From information starting to leak out, this may be the biggest layoff in Pfizer corporate history! We will find out soon enough I guess. 
UPCOMING PFIZER LAYOFFS TO BE MASSIVE!!!
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From information starting to leak out, this may be the biggest layoff in Pfizer corporate history! We will find out soon enough I guess.
would you please care explain a bit more ?what information leak out and what % layoffs we are talking about ?
Chicken little, the sky is falling! Revenue generating folks will mostly be spared.From information starting to leak out, this may be the biggest layoff in Pfizer corporate history! We will find out soon enough I guess.
Very few revenue generating reps in the field. Now you will be able to have your nails done, get your gym workout in and pick-up little Bobby from school without any Pfizer interference at all.
Let me tell you how these Lay-Offs are going to play out. Yes, a lot of you are going to lose your jobs and that sucks. PFE will do some dog and pony show to show Wall Street that they made massive lay-offs but they still will not address the main problem. You will find out that Regionals, DM and Reps got cut but you will also find out that PFE will NOT CUT where they really need to cut and that is Director Level and above. PFE will still have layers of GMs, VP's and Group Leaders and that is where the problem lies. All these Lay-Off are just going to reset a terrible managed company, hurt a lot of reps but mark this post all the layers above will continue to laugh and collect pay checks.
What did the stock price do when the $3.5 Billion in cuts was announced? The stock hit a 3 year low. Wall Street rewards forward thinking and trust in the leadership of the company. The only time you should take out the hatchet and start drastically/publicly cutting expenses, is when your business is broken and your economic model is flawed. What we are witnessing is very short-term thinking with no apparent vision on a path forward.
Cutting is easy, and the current leadership in a very public employee forum, basically laughed at the folks that will be experiencing the cuts. It is very ironic that the "leaders" that put the company in its current position are the same "leaders" that are going to try and lead the company out of the mess.
Is Brendan H still posing as a Derm Rep in Seattle? Heard they love seeing the guy in his scrubs and crocs.
I am implementing my Plan B to get ahead of the layoffs. I hope everyone else too!!!
Ask anyone still around from the original Adapting to Scale (ATS) days. These layoffs moves are like many sharks kill their prey: they dash in, shake things up to create a big flesh wound, and then hang back and let the victim grow weak by bleeding out.
In my experience here, big cuts to the field force happens after a series of smaller cuts. They allow us to become complacent, and then 12-24 months later out comes the big pick ax with some fancy name.
I'll put in a couple of hours of work each day. Rest of the time I will be job hunting!!!
Pfizer lied about their Financials pre covid. Then boom! Mandated poison! Politicans sold taxpayers out for their own stock. At expense of people's lives.