Restructuring rocks reps

Koroneos, George
December 2008
Pharmaceutical Representative;Dec2008, Vol. 38 Issue 12, p8
The article reports on the announcement made by two pharmaceutical companies, Merck and GlaxoXmithKline, regarding their major layoffs and new restructured management. Richard Clark, president and CEO of Merck, declared that the company will be cutting 7,200 jobs which is equivalent to 12& of its workforce. While, GlaxoSmithKline, presented its plan to cut 1,00 sales jobs which reduces its 8,500 representatives to 7,500.


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