Pfizer May Fire 2,400

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Jan. 15 (Bloomberg) -- Pfizer Inc., the world’s biggest drugmaker, may fire almost a third of its U.S. sales force, or as many as 2,400 workers, in a plan under consideration by senior management, people familiar with the discussions said.

Pfizer, based in New York, is trimming its U.S. sales operation to save money as top-selling products lose patent protection. Chief Executive Officer Jeffrey Kindler may detail cost-cutting plans at an investor presentation Jan. 28, said Barbara Ryan, a Deutsche Bank analyst in Greenwich, Connecticut, in an interview last month.

The firings, which will include middle managers, add to more than 14,000 jobs already chopped by Kindler in two years, as he’s closed research labs and broken the company into smaller units.

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[Jasman0717 9]

We start our unpaid furloughs on the 30th. Ugh But it is better than not having a job