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What Jeff Kindler was paid to do





Pface it. Pfizer seems to have no morals and could care less about it's employees.
It's all about the bottom line.

True. All the above posts are happening because of what Pfirezer has become. I and many of my friends were laid off during the Wyeth raid and most of us are better off. You all have jobs and that's great but every time I see Pfirezer reps in offices they look battered. Good luck hanging in there until you get a package.
 




Today's Pfizer is completely different than what it was fifteen years ago. The changes for the worse began with McKinnell and we all know where we are today. In the days I am referring to you were proud to say you worked for Pfizer and were treated decently. It is not fun to be waiting for the next shoe to drop in this economy. So that is why when you see a current Pfizer employee they look stressed.
 




Ithought they were stressed becsue they are constently trained to break the law, go off,label, proactively use Medical and Drug information. After a while that gets stressful for even a rep with no morale character. Knowing their DM can do anything they want and get away with it is a real problem. HR and TR Kelly will rescue them. Now that TR has been promoted maybe he has someone else doing all the dirtry work? What kind of company is that to work for?
 




This has everything to do with Socialism- you fool. The ultimate goal is Communism but they know an armed America won't stand for that so they nudge us into a Socialist model then eventually Communism.

You are a delusional nutcase. And why did you hurt that poor congresswoman? I hope they put you in the electric chair where you belong. Nutjob.
 
















This has nothing to do with socialism you moron. The only agenda Pfizer has here is saving money, and if that means firing masses of US workers and replacing them with Chinese and Indian scientist so be it. If it means trumping up performance issues on US workers to either fire them without a severance package or force them to take a severance package so be it. If it saves money and creates "value" for the stockholders it will be done, regardless of legality, ethics, or "Pfizer Values." This is greed and capitalism at its best baby.

Lets get a couple of things straight here. Nothing that you stated above creates "value" for the stockholder, because re-arranging the chairs on the deck with lower quality chairs (ie:eek:utcourcing product production, and workers in foreign countries) will not create value, but "destruction" in the long run for companies. It has been seen in other industries, that when they go to third rate countries for workers they get third rate quality goods & services... Think of a company called Lucent technologies. This may be the definition of greed, but it is in the short run, not the long run because it ends up destroying the quality of goods/services. As far as capitalism, it would have to create higher quality products for that to ultimately be true.
 




You are weak and stupid. Grow a set and stand up for what is right. Shooting people is never "hilarious". Truly weak and stupid.

His set is in your mother right now. He was making fun of the paranoid wacko who saw socialism behind every rock as a potential shooter, not the woman who got shot you dumb bastard. Jesus are you stupid.
 








This post always seems to mysteriously disappear from the BioFind Rumor mill and they are now blocking all repostings of it. Here is a compilation of the highlights of the original post with any offensive material removed for your enjoyment and/or edification. There is no reason why it should be removed now. . . . .

Pfizer needed to downsize because they are moving most of their R&D overseas. As an attorney ole Jeffie knew that a high wrongful termination settlement was on the order of $100,000. So here was the plan he put into action. The company would downsize and offer a “generous” severance package, often a year’s salary or approximately $100,000 for workers who were highly paid and had been with the company for more than ten years, which were exactly the people Pfizer was looking to get rid of. Then came the bogus performance reviews. If you were too old, too well paid, too smart for your own good, resisted the outsourcing mentality, or just in the wrong place at the wrong time, then you got a bad review. Shortly after the bad review you were “deselected” and offered the “generous” severance package.
The severance package was simply Pfizer’s way of settling its discrimination lawsuits before they began. You see, when you are almost 50 and have a family, you can’t afford to fight Pfizer in court even if you are right. First, they will tie you up in court and you won’t see any money for years. Second, if your settlement is likely to be what they are offering you in the first place, and if you fight a lawyer will take a third of it anyway, fighting makes no sense and few lawyers would bother to take your case.
Lawyers want quick moderately profitable hits to pay the bills, not to wait 10 years for a big payoff which may or may not happen. Incidentally, most of the employment attorneys in the New London/Groton area have taken payoffs from Big Blue (and I don't mean IBM) so don’t even bother consulting them, get an attorney from out of town who will work on commission, and they will if you have a strong case.
Kindler’s strategy was in fact brilliant. Using it, Pfizer could treat any employee any way they wanted to, and they did. The company is a wrecking machine, and they will stomp anyone who challenges them or refuses to bow down with absolutely no hesitation.
What is truly amazing to me is that everyone knows what is going on at Pfizer yet we have seen no big news stories on what has been happening. Where is 60 minutes, 20/20, or dateline? Any reporter with the brains of a dishrag who started digging could get a great story. Unfortunately, all those people who were coerced into taking the severance by Pfizer signed statements saying they would not say anything derogatory about the company. Unfortunately in this case, the truth about what happened is derogatory.
You might want to save this post to your hard drive before it is deleted. Then you can repost it so the truth can be heard. Pfizer is very good at bullying people and suppressing the truth.
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This is EXACTLY what happened to me. Been out for a few months now. Still trying to put my head back together from what was done to me over the last few years I was there. Probably had enough info for a lawsuit, but didn't want the stress so I took the money and ran. Don't know if I will ever want to work in science again...
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The problem is hard evidence, like e-mails, recorded conversations, etc. Otherwise, it's just your word against their and that is like fighting City Hall.
But I do agree with the post 100%. Pfizer careful skewed the numbers via their "Schedule A" to "prove" they didn't age discriminate but I think they planned this in advance by hiring a small number of incompetent kids straight out of College in '07-'08 that they KNEW they would pfire in two years or so to round out the age distribution. They were salting the numbers, as it were, to hide the real targets- the older worker. In fact, they openly admitted in Groton at that time that they were being told to hire ONLY R1's and R2"s for open positions. They even sent R3's and R4's to second rate Universities to recruit the cannon fodder for their grand plan.
I knew I was a gonner, so I confronted the establishment anyway about the way they kept the threat of layoffs alive for months on end just to try to get as many people as possible to leave voluntarily in advance, another one of their obvious strategies. Everyone from Kindler on down knew how I felt about the situation. On the surface, they responded with political correctness to pretend they cared. Under the table, they told me to shut up or I'd get no severance.
I sincerely hope somebody can provide the documentation to get the ball rolling on a suit one day. My two year limitation is almost up with regards to my severance waiver, so I'd be happy to tell my story in detail if asked down the road. I want to see them burn.
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Having worked at Pfizer Groton for over twenty years, it is truly amazing how many people with solid 10, 15, and 20 year track records have been let go for "poor performance" since 2008. As aggressive as the attorney general is in the state of CT, I find it very surprising that no one from that office has investigated this matter. I cannot understand why the state is giving them a pass on this matter because Pfizer is clearly going to uproot and move from the state as soon as it is practical for them to do so. I know many have complained to Richard Blumenthal's office but so far nothing of substance has been done. I guess he has been too busy running for Senate.
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"I believe JK to be a fundamentally decent chap who has been pandering to a Board consisting of "value-destroying old men" for far too long, and has been dumped for daring to take them on at last."
Are you kidding me? You must have your head up your ass.
What he deserves is to become completely bankrupt and discredited, whether that be by scandal like Kenneth Lay and Bernie Madoff, or some other means. Make him poor like he made so many of us. That would be justice.
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This isn't the first time this sort of information has been posted about Pfizer or Kindler. I wonder if they've been hit with a class action suit of some kind and that is why they are suddenly so keen on keeping everyone quiet?
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And there you have it.
 




What is remarkable is to look back on is just how quickly the company moved to eradicate the historic Pfizer culture and values. Let's remeber that the old culture and values took this company from obsurity to the top of the industry. Along the way it transformed the entire industry in many ways. We were widely viewed as the best company with the smartest and best employees. Everyone in this industry wanted to work here. Within 2 years of Jeff Kindler as CEO, all that had changed. Yes, our growth had stalled, but that's not Jeff's fault. What was is fault was the systemtic destruction of the company's best-in-industry leadership and employee base. Ian is continuing Jeff's quest. While I get that we have to skinny down, why would you fire so many great managers and reps, not to mention the leadership in HQ? Once Ian is gone, it will take a generation -- if we are lucky -- to repair the damage. Why would the Board think this is a good idea? Who will be leading us to greatness in the next decade? When will the madness end?
 




I think all of the "historic culture" was a fantasy. Pfizer had always been a rude and ruthless company full of pompus management.

Mckinnell then set the tone for entitlements with his 86Million Dollar, Pfizer Board approved, severance package. Things have gone downhill ever since.

Ian's job is to get some life back into the stock. He will do what it takes to do huff and puff at it's life line. Then pretty soon, he will live the good life along with Mick close by, play golf and enjoy sunset drinks and toast to the "good old days".

It is sad that many hard working dedicated people who toiled in the labs, the offices and the field will not be able to have the retirement they dreamed or planned for.

Thanks Pfizer CEO's. Thanks for the laughs.
 




Say what you will about the historic culture being mythic, those leaders and that culture brought us to the pinacle of the industry. To paraphrase an old adage -- Are you better off than you were four years ago?

I rest my case.
 








I think all of the "historic culture" was a fantasy. Pfizer had always been a rude and ruthless company full of pompus management.

Mckinnell then set the tone for entitlements with his 86Million Dollar, Pfizer Board approved, severance package. Things have gone downhill ever since.

Ian's job is to get some life back into the stock. He will do what it takes to do huff and puff at it's life line. Then pretty soon, he will live the good life along with Mick close by, play golf and enjoy sunset drinks and toast to the "good old days".

It is sad that many hard working dedicated people who toiled in the labs, the offices and the field will not be able to have the retirement they dreamed or planned for.

Thanks Pfizer CEO's. Thanks for the laughs.

My perception was that Pfizer was always one of the classier companies. They got too arrogant and lost track of the things and values that built the company. The health care climate changed. The traditional track of turning plant based discoveries into drugs dried up in the 1990s. The WSJ wrote a seminal article on this. Did you see it? Pfizer didnt adapt fast enough because many thought we could "sell, sell, sell" the company to success. No so. Image Apple still selling desktops, oil companies just owning filling stations and even McDonalds just selling Big Mac. Adapt.
 




Back in the eighties through mid ninties, most of the reps were mature, well dressed and quite a few even had gray hair. Their dress, their maturity exuded credibility and Class. Drs. had such high respect and would invite us back into their offices to discuss not only drugs but family, sports, etc. Strong, good old fashion relationships were built and it was the Quality of the Calls that were made Not the Quantity. The CEO was also accessable and frequently played sports with reps and socialized with them at events. Everyone felt a mutual respect.

Many of us saw the changes that happened in the mid nineties and knew it would eventually catch up. No longer did Pfizer or other companies value the senior reps when they could pay young college graduates half the salary. Those kids darted through clinics and could collect many a signature but bought little value to the clinics. Entertainment perhaps but little credibility. Many of them were quickly promoted into Management Positions which breeded more signature chasers.
Soon the clinics had enough.
 




Back in the eighties through mid ninties, most of the reps were mature, well dressed and quite a few even had gray hair. Their dress, their maturity exuded credibility and Class. Drs. had such high respect and would invite us back into their offices to discuss not only drugs but family, sports, etc. Strong, good old fashion relationships were built and it was the Quality of the Calls that were made Not the Quantity. The CEO was also accessable and frequently played sports with reps and socialized with them at events. Everyone felt a mutual respect.

Many of us saw the changes that happened in the mid nineties and knew it would eventually catch up. No longer did Pfizer or other companies value the senior reps when they could pay young college graduates half the salary. Those kids darted through clinics and could collect many a signature but bought little value to the clinics. Entertainment perhaps but little credibility. Many of them were quickly promoted into Management Positions which breeded more signature chasers.
Soon the clinics had enough.


Oh well. TGIM!
 








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