Ian Read Confirms Layoffs In Q2 Analyst Call Q&A

Discussion in 'Pfizer' started by Anonymous, Jul 31, 2013 at 6:21 PM.

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  1. Anonymous

    Anonymous Guest

    Why does middle management keep saying no changes planned????

    David Risinger – Morgan Stanley

    So first, is it dilutive to create three business units and build the matrix and enabling functions.

    Ian C. Read

    Okay, so we don’t believe this new structure will be dilutive to our present structure. In fact we assume that there will be some modest savings as we go to that structure. The, we have to remember, we already have in the developed markets, where we have a Primary Care, Specialty Care, Vaccines and Oncology business and then we have an emerging markets business in the rest of the world and we are effectively collapsing most all the Primary Care and Specialty Business into one BU so we do not believe that is those standing after those BU could be dilutive.
     

  2. Anonymous

    Anonymous Guest

    "Collapse" "those standing" says it all.
     
  3. Anonymous

    Anonymous Guest

    SEPTEMBER- BYE IS
     
  4. Anonymous

    Anonymous Guest

    Bye? Hell, Good Riddance! See you soon in a competitive space. Looking forward to it and 2 paychecks. Hell yeah!