Pfizer Slashes Sales Force

Stock quotes in this article: PFE  

Ian Read, president of worldwide pharmaceutical operations, praised the U.S. sales force, but added that "it is incumbent upon us to look ahead and carefully assess our changing marketplace and all the factors affecting our outlook."

Pfizer's announcement came after markets had closed. In regular trading, Pfizer finished at $27.05, up 8 cents. After hours, it gained another 10 cents.
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