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J&J plans to cut workforce by up to 4%
Stephen McGuire
July 31, 2007
Johnson Johnson said today it would reduce its 120,500-member global work force by 3% to 4%, or as many as 4,800 jobs, through attrition and hiring freezes.
AstraZeneca slashes jobs, Euro sales and marketing posts impacted
Stephen McGuire
July 26, 2007
AstraZeneca said it plans to eliminate an additional 4,600 jobs in Europe and North America as part of a major cost-cutting initiative aimed at helping save the company $900 million by 2010.
Merck to phase out osteoporosis specialty team
Stephen McGuire
June 14, 2007
Merck plans to eliminate its osteoporosis specialty team at the end of the year, ahead of the February 2008 patent expiration of its bone density blockbuster Fosamax.
PDI selected for nutritional promo
Stephen McGuire
June 01, 2007
Contract sales firm PDI has been selected by an unnamed provider of nutritional products to execute a promotional campaign over a three-month period.
More sales force cuts predicted for ’07
Stephen McGuire
May 01, 2007
Expect to see continued field force downsizing in 2007 as pharmaceutical companies experiment with new sales execution strategies to improve their market position, said Mike Luby, CEO of prescribing behavior tracking firm TargetRx.
Reed Elsevier selling Harcourt Education division
Matthew Arnold
April 01, 2007
Reed Elsevier is selling its Harcourt Education division to focus on “growing digital opportunities” in its science and medical, legal and business units, Bloomberg reported.
Abbott to cut primary care sales reps
Stephen McGuire
April 01, 2007
Abbott Laboratories plans to eliminate “several hundred” primary care sales representative jobs across the US, a company spokesman confirmed.
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