Earnings will be reported on that date. Look at the revenue side of the earnings. If they continue to fall Merck may have to cut more employees. The earnings should be up since cost cutting is in full gear. But in an environment of falling sales and cutting sales reps the decline in revenue should continue.
Regardless, they will still cut. It's inevitable that Merck will go down to it's pre-merger headcount days, even if it will kill it's workers and quality.
Full gear? It started 7/1, 2 weeks training 2 days lost in new territory, riding with exemplar 4 days, 2 days meeting and FV, off next week to FL vacation in Sept reporting ends 10/31 no way there is any improvement
The strain of the work environment results in some posters writing incomprehensible gibberish. Take pity.
If this is what passes for rep training these days, then it does make sense. And it's cheap and embarrassing. "Exemplar" has no business in the sorry Merck lexicon.
Go read the Philly.com article. Of the 8500 cuts announced last fall 60% are on deck for 2015. Shrinking numbers to cull from make another 5k to go a lot scarier than the 40% we're being hit with now.
Severance will get worse in 2015. Why do you think they are waiting? Save money on seperation costs. Merck only has $600,000,000 ear marked for it!
