Pfizer layoffs

Derek Lowe writes in his blog, In The Pipeline, that there are rumors that Pfizer in Groton is slated for layoffs. You can read his post here.
One significant difference about this projected layoff is that:

"...this is going to hit both PhD and associate chemists, as opposed to some earlier reorganizations there which mostly seemed to let lab heads go."

Derek goes on to write about Pfizer:

"It’s going to be a tough place to work, and it’s going to be a tough stock to own. If you have a chance to do anything about either of those situations, I’d look into it."

Big Pharma is sure turning out to be a tough place to be. Fortunately there are a number of smaller and mid-size companies that are growing and that are actually turning out to be great places to work. I will discuss why this trend is occurring in the Pharma industry in a future post.