Thursday, March 27, 2008

Wyeth to cut 1,200 reps

Wyeth plans to eliminate about 1,200 U.S. sales rep positions as part of its cost-cutting program, the Wall Street Journal reported on its Web site late Thursday.

The drug maker informed sales reps in its pharmaceutical and consumer-healthcare divisions that the job cuts would go into effect at the end of March, according to the article.

Wyeth had 50,527 employees worldwide as of Dec. 31, including 26,082 in the U.S.

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