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Pfizer Slashes Sales Force
Updated from 4:50 p.m. EST
Pfizer's (PFE Quote) new chief executive, Jeffrey Kindler, promised he would streamline the drug giant's operations, and now he's delivering.
The company said Tuesday after the market closed that it will slash 20% of its U.S. sales force as part of a strategy "to most effectively and efficiently meet customer needs as well as match the organization's business needs."
Pfizer has approximately 11,000 U.S. sales-representatives. The unlucky employees will be gone by year-end. ...
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