Top 10 Pharma Layoffs in 2009

joblosses2009 has been a dreadful year for pharmaceutical job cuts. Staffing firm Challender, Gray and Christmas, reported that 58,969 pharmaceutical and biotech jobs were cut this year, that’s an astonishing 15,000 more than 2008.

According to Fierce Pharma’s third annual list of the pharmaceutical industry’s top layoffs, with Pfizer and Merck coming top of the list. Pfizer’s job cuts have come as a result of the company’s $68 billion buyout of Wyeth, leading to 19,500 jobs being cut.

Top 10

1. Pfizer – 19, 500 jobs

2. Merck – 16, 000

3. Johnson & Johnson – 8, 900

4. Astra Zeneca – 7, 400

5. GlaxoSmithKline – 6, 000

6. Eli Lilly – 5, 500

7. Teva Industries – 1, 090,

8. Sepracor – 940

9. King Pharmaceuticals– 770

10. Sanofi-Aventis – 750

If you haven’t been a victim of these recent redundancies within the pharmaceutical industry, it is more than likely that you will know someone who has. If you have been made redundant, it is important that you bear in mind that, whilst you may well be devastated, redundancy can, at the same time, be liberating and will not affect your employability within the pharmaceutical industry. Try to think of redundancy as an opportunity for change. For advice to help you move on after redundancy, please click here.

To start looking for your next job in pharma, please click here.

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