Pfizer to Cut Benefits for Fired Workers as Company Trims Costs

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Pfizer to Cut Benefits for Fired Workers as Company Trims Costs

PFE

Linked by Bloomberg ( track newsfeed | ignore newsfeed ) - April 05, 03:08PM from (www.bloomberg.com)

Pfizer Inc. (PFE), the drugmaker that’s fired 26,000 workers in three years, is cutting its employee severance package after May 14, according to an internal memo.
The world’s biggest pharmaceutical company has been focused on trimming costs since it acquired Wyeth in January 2009. This year, Pfizer...

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