Tuesday, June 05, 2007

Germany - the illusion of job security


Every third job in the sales and marketing sector of the pharmaceutical industry in Germany could be cut within five years,reported Sueddeutsche Zeitung, citing research by consultancy firm Booz Allen Hamilton.

Revenues at drugs companies could decrease by a double-digit amount within the next five years -- largely as a result of political pressure to cap the price of drugs -- believe 42 pct of 150 heads of sales units questioned by Booz Allen Hamilton, added the report.

Source

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