UPCOMING PFIZER LAYOFFS TO BE MASSIVE!!!
- Thread starter anonymous
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Yes, power to the people!!We need to organize so we can have a louder, more unified voice towards upper management. Many of us are super upset. Let's take action instead of crying on Cafepharma
I think when Covid hit and we made the vaccine the ELT finally took their masks off. They thought they could finally fulfill their pipe dreams. In their minds, they could do no wrong. Who remembers AB’s emails pontificating on current events and social issues? The webexs with people playing violins in their basements? All the zero emissions goals for manufacturing by 20?? The E&I goals that created positions regardless if it made business sense? The PR blitz where the media was clamoring to interview anyone in the C- Suite?
All of these could be seen as one offs. But, in reality, they were the ingredients that created a mindset of infallibility and hubris. None of these “ingredients” had anything to do with the bottom line or our responsibility to the shareholders. It all came to a head when we went full throttle on the vaccine in a post pandemic world. There was no way in hell the rates were gonna be the same. We in the field got our 1st glimpse of this when we were told to promote a vaccine that wasn’t officially approved by the FDA. Then we were told to promote Pax to every HCP, whether they came in contact with these patients or not.
The dish that was created by these ingredients was finally served during that national broadcast in October. It was summed up in about 2 min from a guy slumped in a chair. “We built plants and bought tons of material, but our forecasts were wrong so we had to destroy all of it. If I had the chance to do it over again, I would do the same thing.” We are going to have to live with the results of the ELTs actions for years to come. The damage that has been done to people’s ’ savings and retirement funds is catastrophic.
2023 was the year of cutting physical assets.
2024 will be the year of cutting human capital.
We can’t come up with those kind of $$$ looking under the couch cushions, raiding the emergency fund or having the yard sale plans we have now.
All of these could be seen as one offs. But, in reality, they were the ingredients that created a mindset of infallibility and hubris. None of these “ingredients” had anything to do with the bottom line or our responsibility to the shareholders. It all came to a head when we went full throttle on the vaccine in a post pandemic world. There was no way in hell the rates were gonna be the same. We in the field got our 1st glimpse of this when we were told to promote a vaccine that wasn’t officially approved by the FDA. Then we were told to promote Pax to every HCP, whether they came in contact with these patients or not.
The dish that was created by these ingredients was finally served during that national broadcast in October. It was summed up in about 2 min from a guy slumped in a chair. “We built plants and bought tons of material, but our forecasts were wrong so we had to destroy all of it. If I had the chance to do it over again, I would do the same thing.” We are going to have to live with the results of the ELTs actions for years to come. The damage that has been done to people’s ’ savings and retirement funds is catastrophic.
2023 was the year of cutting physical assets.
2024 will be the year of cutting human capital.
We can’t come up with those kind of $$$ looking under the couch cushions, raiding the emergency fund or having the yard sale plans we have now.
*** ****! You can write your *** off! Who ARE you? I find it exceptionally hard to believe that you work here.
2 1/2 decades of watching this company change into something unrecognizable in many respects. I stay because it provides a good life for my family and I have been blessed to personally work with some amazing people in my career.
Let's not forget the session with his BEST friend, Arianna Huffington
I think they meant that as a sincere compliment to the poster, and an insult to us, their Pfizer colleagues. As in that poster writes too well to be a fellow Pfizer employee.
I do believe that the lowest moment of the past 4 years was the hippie playing his ukulele on an EARNINGS call, while we were still all locked up and every other company was back out in the field.
I gave my face some keyboard and had to leave the room.
I gave my face some keyboard and had to leave the room.
- Boony Dec 24, 2023 at 04:00: AM
Well amidst all this great energy that’s being shared you gotta admit that if you’ve been in pharma sales for 25+ years, you’ve done pretty good with the company car, gas paid for, maintenance and repairs and insurance. Plus the meal perks, gift certificates (when we could do them), casino and resort visits, food, etc.
I remember when I first got started in the industry. Another rep. said he got in to the industry because as a teenager one day he went over to a friends house. It was like 2 pm. The kids father who he was visiting was laying on the sofa looking at tv. He asked his friend what his father did for a living? He told him that his father was a pharmaceutical sales rep.
From that point he knew what he wanted to do!!
And back then, it was the Cadillac of sales. Medical equipment was the limousine.
Nothing has changed except the tracking mechanisms and accountability are far more advanced.
It’s been a great ride despite the fucked up managers, metrics, meetings, and morons.
To have gotten paid what we have received, was pretty impressive. But we sold our souls in the process to some degree.
I remember when I first got started in the industry. Another rep. said he got in to the industry because as a teenager one day he went over to a friends house. It was like 2 pm. The kids father who he was visiting was laying on the sofa looking at tv. He asked his friend what his father did for a living? He told him that his father was a pharmaceutical sales rep.
From that point he knew what he wanted to do!!
And back then, it was the Cadillac of sales. Medical equipment was the limousine.
Nothing has changed except the tracking mechanisms and accountability are far more advanced.
It’s been a great ride despite the fucked up managers, metrics, meetings, and morons.
To have gotten paid what we have received, was pretty impressive. But we sold our souls in the process to some degree.
So true. This industry was very good to me. Too bad it got all fu**d up. Talk to the people who have been in it for a while. The stock options alone were incredible, pension, etc. That beginning of the end started with Pfizer and all the stupid companies following their lead.
Yes!!!
Pfizer with their inundation of reps in offices. They’re ridiculous dinner programs. They’re giveaways like pens, gadgets, you name it. Oh Merck was guilty as well.
You couldn’t beat the stock options and numerous other perks.
Remember the days when we were compensated on “DDD”….? For those ignorant to what that is, it’s straight dollar volume of product. We could walk into Walgreens and ask to look at their data and see who was prescribing what. And oh…when it came to the end of a quarter, just before it ended we would ask pharmacy’s to “Load” ( order more product out their ass) and push us to some phenomenal bonuses. Those were the days.
These reps nowadays have no clue