UPCOMING PFIZER LAYOFFS TO BE MASSIVE!!!

[anonymous]

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

 

[anonymous]

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

Nor do their managers! I was around when VPs and Regional Managers had the power to manipulate data by switching zip codes around to different reps/DMs, and pulling credit for wholesalers purchases from one rep/district to another. A disgruntled and drunk DM told me at a launch in Orlando. My DM was pissed, but admitted that one division was notorious for doing that so that division's VP and RMs could get their butt-kissers promoted.

 

[anonymous]

You my friend totally get it. I was also a rep back in those days. I loved going to work. The office and docs were my buddies. Golf, dinner,etc. pinch me ,it was great. Severance, a pension, and soon social security. I feel bad for the reps now. Back then, a sale was a sale. Ddd was our best friend. Everyone was happy and everyone loved Pharma. Now these idiot institutions with toolbag administrators are afraid of looking bad so they block our access. Oh well, my career has taken me this far. I’m ready to go

 

[anonymous]

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

This newly retired rep does. TY for the memories. I also loaded up hospital pharmacies with the IV's we were selling. Fabulous income.

 

[anonymous]

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.

Computer software sales is now the chic chic sales jobs to have. SuccessFactors, SAP, Cisco etc..they pay monster $$$ for you to do nothing.

 

[anonymous]

Computer software sales is now the chic chic sales jobs to have. SuccessFactors, SAP, Cisco etc..they pay monster $$$ for you to do nothing.

Oh? How many of these industries hire reps that have always had mirrored territories and 10 year old drugs that are clearly best-in-class? I know two award-winners that got cut in Bold Moves and were forced to take jobs with companies I had to look up. One told me that she didnt take the gig (less pay, huge territory), there would have been marital problems, because she was the bigger breadwinner.
As my niece says, 'S*** is about to get real!' in this industry.

 

[anonymous]

Becoming a PA/NP is not as simple as just going to school for a couple more years, and if you don’t already have a nursing background, and currently working as a nurse, it will most likely take significantly longer.
As far as pharma jobs are concerned, you need to understand just how many jobs are directly connected to a sales force. Almost every job at a Pharma company exists because of the sales force; from HR to corporate trainers, and every level of management. Front line/district managers, regional/area managers, Regional VPs, and Sales VPs all would not be needed if there was not a sales force to manage.
These managers/VPs may not give a damn about the sales reps, but they do give a damn about themselves , their families, and their careers, so because of that fact alone, Pharma sales forces will exist for the foreseeable future.

 

[anonymous]

Oh? How many of these industries hire reps that have always had mirrored territories and 10 year old drugs that are clearly best-in-class? I know two award-winners that got cut in Bold Moves and were forced to take jobs with companies I had to look up. One told me that she didnt take the gig (less pay, huge territory), there would have been marital problems, because she was the bigger breadwinner.
As my niece says, 'S*** is about to get real!' in this industry.

these companies wouldn't take Pharma reps you are correct there. My point is these are the coveted jobs with grads now for pay. Hopefully Pharma is off their radar because what your niece just said is 100% true. Pharma reps are not necessary anymore.

 

[anonymous]

Becoming a PA/NP is not as simple as just going to school for a couple more years, and if you don’t already have a nursing background, and currently working as a nurse, it will most likely take significantly longer.
As far as pharma jobs are concerned, you need to understand just how many jobs are directly connected to a sales force. Almost every job at a Pharma company exists because of the sales force; from HR to corporate trainers, and every level of management. Front line/district managers, regional/area managers, Regional VPs, and Sales VPs all would not be needed if there was not a sales force to manage.
These managers/VPs may not give a damn about the sales reps, but they do give a damn about themselves , their families, and their careers, so because of that fact alone, Pharma sales forces will exist for the foreseeable future.

The amount of you idiots who believe “almost every job at a Pharma company exists because of the sales force” is astounding. That demonstrates how little you understand of this industry and business model.

 

[anonymous]

The amount of you idiots who believe “almost every job at a Pharma company exists because of the sales force” is astounding. That demonstrates how little you understand of this industry and business model.

Thanks to the "pod" model that was here when I started, we have become walking and talking catering kiosks, giving RC-approved blurbs for less than a minute at a pop. Armies of reps selling the game drug was a short-term ploy, at best.

 

[anonymous]

The pod model went away years ago.

 

[anonymous]

The pod model went away years ago.

Unfortunately it has not!!!

 

[anonymous]

Unfortunately it has not!!!

True

 

[anonymous]

The pod model went away years ago.

That poster said that the pod model was here when they started. Not today.

It doesn't matter because as many of us will see, the idea of having a co-promote with another rep (and support from a contract sales rep) is foreign to medical equipment, medical device or true rare disease companies with only one product and less than a few hundred reps.

 

[anonymous]

That poster said that the pod model was here when they started. Not today.

It doesn't matter because as many of us will see, the idea of having a co-promote with another rep (and support from a contract sales rep) is foreign to medical equipment, medical device or true rare disease companies with only one product and less than a few hundred reps.

Actual rare disease companies have no mirrored counterparts and no "targeting" data of any kind. Your job is to figure this out on your own.

The objective is to cold call, map out systems, and find out who treats and how. The geographies are vast and there is very little in the way of "support" from the company you work for.

In the rare disease space, at a standalone company that makes rare disease products, the average "pod rep" would wither and die in a matter of hours.

 

[anonymous]

That poster said that the pod model was here when they started. Not today.

It doesn't matter because as many of us will see, the idea of having a co-promote with another rep (and support from a contract sales rep) is foreign to medical equipment, medical device or true rare disease companies with only one product and less than a few hundred reps.

The concept of mirrored partners or “co-promotes” doesn’t give an increase of voice. It tempts the reps to work half as much as they would alone.

 

[anonymous]

these companies wouldn't take Pharma reps you are correct there. My point is these are the coveted jobs with grads now for pay. Hopefully Pharma is off their radar because what your niece just said is 100% true. Pharma reps are not necessary anymore.

If reps are no longer necessary I worry what this means for Veeva configurators. And now Salesforce is working on their own direct competitor plus Iquvia is still a player. It seems to be getting crowded if reps are going away. Are they missing the signs?

 

[anonymous]

Actual rare disease companies have no mirrored counterparts and no "targeting" data of any kind. Your job is to figure this out on your own.

The objective is to cold call, map out systems, and find out who treats and how. The geographies are vast and there is very little in the way of "support" from the company you work for.

In the rare disease space, at a standalone company that makes rare disease products, the average "pod rep" would wither and die in a matter of hours.

In my opinion, you are corroborating Post #215. I know for a fact that at least three in my district would die. They openly brag about their "work life balance" during the week, which includes all kinds of afternoon-time activities with their children or working out before dinner time.

 

[anonymous]

They say this is gonna be bigger than the Viagra cut back, but that’s hard to imagine.

 

[anonymous]

They say this is gonna be bigger than the Viagra cut back, but that’s hard to imagine.

Anyone that says that we can't afford to lose a lot of KAMs, reps and managers, and medical people is either clueless or self-serving. Since I like having my job I am in the latter bucket. But I know that there is a tremendous amount of fat out here. If it's the same way inside, then it makes sense that the haircut will be severe.