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Merck & Co., Inc. (MRK) Cuts Another 600 Sales Reps



7/25/2014 1:44:14 PM

Merck is axing jobs but others are hiring too! Check it out! (Isn't it tempting?)

As part of its ongoing bid to reorganize and cut costs, Merck is eliminating 600 jobs by the end of next month, according to a recent filing made with the Pennsylvania Department of Labor & Industry. A Merck spokeswoman says most of the layoffs involve sales reps that are based around the country and is a part of a broader cost-cutting initiative that was announced last fall.

Indeed, the move comes nine months after the drug maker announced a sweeping retrenchment that involves slashing 8,500 jobs, closing some facilities and ending certain research projects.

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