Anyone have any insights so I can mentally prepare myself for next week? Do you really think it is just 11%?
What does it matter? If it's you it's 100%. It sucks but it has to happen... Too many reps with too few products. When Pfizer can't buy their products, we suffer. Prepare for this worst and hope for the best.
We'll never know. They are never transparent about the number of those laid off. My guess is more so they get an extra bump in share price so the ELT can cash in their ripened RSUs. Then a few months later, they magically reopen many of the same positions just terminated. Maybe the illusion of hiring looks good to Wallstreet, too, and it bumps the share price up again so the ELT can sell their remaining RSUs because selling them all at once might raise red flags with the SEC, in the ELT's minds that is? However, we all know the SEC is a joke, a la Bernie Madoff.
