miércoles, 11 de noviembre de 2009

PFIZER agradece el trabajo despendrido...? NO..., el "desprendedor"

Now that the merger between Pfizer (PFE) and Wyeth is complete, Pfizer’s compensation committee has agreed to reward two Pfizer executives for their “extraordinary efforts and … extraordinary contributions in addressing critical components of the transaction.”

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Still, given all the layoff news surrounding the deal, you have to wonder how news of the bonuses for extraordinary efforts is playing in the trenches.


No doubt that some of D’Amelio and Read’s “extraordinary efforts” have been focused on figuring out which jobs to pare. When the deal was announced, the company said it planned to eliminate about 19,500 jobs and during the third-quarter call last week, the company said it had eliminated 11,200 jobs since the beginning of 2008. During the call, Pfizer said it had just over 75,000 employees, but provided no similar numbers for Wyeth.

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