Pharma layoffs near 35K in first half of 2010

Fierce Biotech has just posted an article here that contains some fairly scary statistics.
According to the article:

"The pharmaceutical industry has eliminated 34,987 positions so far this year, second only to the goverment in total number of layoffs in 2010."

As I have said before...The Pharma Industry is still a great place to work...but the industry is changing...and the environment is much more competitive.

One long time Pharma Executive said to me recently, "This industry has changed dramatically. It is very different then when I started. But I still love working in Pharma because there are not too many other places I can work where I can make something that actually can save someone's life. That feeling is what got me into the industry. And that feeling is what keeps me here."

I could not agree more....