Merck to Lay Off About 1800 US Sales Reps in Cost-Cutting Move,

Merck to Lay Off About 1800 US Sales Reps in Cost-Cutting Move

Merck & Co. said Friday it is laying off about 1,800 U.S. sales representatives, or nearly 7% of the drugmaker’s U.S. workforce, in a reorganization the company says will cut costs and shift focus to products with growth potential.

Merck is eliminating three sales teams comprising reps who promote drugs to primary-care doctors, endocrinologists and drugs used in hospitals.

Read More…


Source