Merck to cut 600 Sales Reps by end of next month

Discussion in 'Merck' started by Anonymous, Jul 25, 2014 at 11:33 AM.

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  1. Anonymous

    Anonymous Guest

    Time to look at biotechs and yes they do pay bigger. I went to Amgen and my salary shot up, better car, enjoyable QOL, no micromanagement. Biological sales is the place to be.
     

  2. Anonymous

    Anonymous Guest

    Some very good news for the owners of Merck - new round of layoffs begin August 15th - all signed off by Kenny and HR. The target number is 750!
     
  3. Anonymous

    Anonymous Guest

    What would you like to do then?
     
  4. Anonymous

    Anonymous Guest

    It's not that safe ... Amgen just announced that 2900 will be layed off by 2015. I do agree about biotech though. They tend to pay more!
     
  5. Anonymous

    Anonymous Guest

    Biotechs are just waiting for the generic tsunami to hit them.. they've been riding a good wave for a very, very long time (imagine what pharma would be like withOUT generic competition)..

    say biosimilar to that Amgen rep you see next time...Oh, the horror stories he'll tell about stuff being mixed up in bathtubs in India and Mexico, how they really can't compare, not to mention DEATHs of millions of pts that will happen...sounds like a pharma rep from 1988..

    Still a good ride if you get onboard but a lot of competition out there looking to get in.
     
  6. Anonymous

    Anonymous Guest

    Today is the day kiddies..make sure you send in both documents signed or initialed to the N.C. Separation Station and you're officially gone! For those of you who did not read the letter closely it was supposed to be mailed back in the envelope provided postage free! Just thought I would mention that for all or you who are stuck on doing things by the letter of the agreement!
     
  7. Anonymous

    Anonymous Guest

    One copy and packet was to be sent back the other packet for our files
     
  8. Anonymous

    Anonymous Guest

    FYI-There are no layoffs today or any planned for the near future....maybe you should just get off this board and sign up for a psych drug trail somewhere
     
  9. Anonymous

    Anonymous Guest

    Hope you're having a good day today. If there is sunshine wherever you reside, I hope you've been wheeled outside so that you might enjoy it. Maybe you can talk your way out of restraints while you're at it. We kiddies at Merck are doing just fine today, by the way.
     
  10. Anonymous

    Anonymous Guest

    Speak for yourself. I think this place completely sucks.
     
  11. Anonymous

    Anonymous Guest

    Hey Magoo....the stock just hit $60 today!! You are an idiot who sits and posts while we make money. I feel bad for you dopes that no longer work for Merck but still spend time on this board. Go Merck $$$$$$
     
  12. Anonymous

    Anonymous Guest

    Really? So if you have 2,000 shares and sold today you'd make around 120,000 then there's fees, commissions, taxes...that sale might keep you afloat for maybe a year...how many shares do you have? What was your stupid low math point? No thanks I'm doing better since I left Merck and sold. 60? Don't make me laugh. When I was at Merck they had regular splits. Last split was, I believe, in 1997. 60. That's funny.
     
  13. Anonymous

    Anonymous Guest

    Will there be any early out incentive or hand raising option? 5. 5. 1 ?
     
  14. Anonymous

    Anonymous Guest

    What is 5.5.1