On October 20, 2009
AstraZeneca Reps Seem Resigned to the Inevitable as Details Emerge of Buyout Package
AstraZeneca sales reps are reacting with relative calm to the news that they will all be offered buyouts as the company attampts to figure out how many will be laid off if too few take the package. A glance at CafePharma’s message boards shows that aside from the usual clowns, the staff seem to understand that layoffs are inevitable at a company that has $620 million in outstanding legal liabilities and shown only modest gains in its existing “Enhancing Productivity” program.
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