February 24, 2009

Merck Lays Off About 750 US Sales Representatives

Filed under: Merck,pharmaceuticals — DF @ 11:22 am
Tags: , , ,

Merck & Co. (MRK) has laid off about 750 U.S. sales representatives so far this year as part of a previously announced cost-cutting program designed to offset sluggish sales growth.

Many of the affected sales reps were notified earlier this year but some received notices Monday, said Merck spokeswoman Amy Rose.

The sales-force layoffs are part of the 7,200 positions company-wide that Merck announced in October it planned to eliminate by the end of 2011. Merck has about 55,000 employees worldwide.

Source: CNNMoney

~News submitted by upthecreek

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

Blog at

%d bloggers like this: