Tuesday, May 06, 2008

Merck gives the field force little to cheer about




Merck said Monday that it is eliminating 1,200 U.S. sales jobs, a move that comes a week after federal regulators' surprise rejection of Cordaptive.

The cuts come on top of the elimination of about 8,100 positions under the sweeping restructuring plan announced in December 2005.

The new cuts are to be completed by the end of July and amount to nearly 15 percent of the 8,500 sales jobs Merck had at the beginning of 2007, said Amy Rose, spokeswoman for the Whitehouse Station, N.J.-based firm.



Insider's view: time to blow the whistle, perhaps?

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