Showing posts with label RUMINT. Show all posts
Showing posts with label RUMINT. Show all posts

Tuesday, January 17, 2023

RUMINT: Hearing rumors of a Pfizer reorganization?

There have been the initial rumblings of a Pfizer reorganization, in terms of comments about Pfizer's decision to "externalize" some of its rare disease research and some vague comments from Pfizer's CEO about the importance of the organization's next 18 months. 

A reliable source indicates that some layoffs have begun at one site on the research side, and possibly more on the way. 

This is sad news. Unfortunately, a reality of Pfizer is that there has long been a pattern of regular reorganizations and waves of layoffs, and it's ~2019-2022 that has been the abnormal time. If true, I suppose the leadership is reverting to the mean. 

Best wishes to those impacted, best wishes to the larger Pfizer organization as a whole, and to all of us.


Wednesday, December 18, 2013

Interesting news tidbit

Don't know what to think of it, but from the inbox, a (lightly edited) comment from a reader in India:
After shutting down CNS in US, Biocon Bristol Myers-Squibb Research Centre (BBRC) Bangalore, India has laid off about 30% of its work force in medicinal chemistry including the director. This centre was CNS centric, most of the work was on CNS diseases.
Anyone else have a similar story to report?