Pfizer - January 2009

Pfizer Inc., the world's biggest drug company, announced Jan. 13 that it is laying off up to 800 scientists this year in its latest effort to refocus disappointing research efforts and cut its massive overhead ahead of an anticipated crash in revenue. Company spokeswoman Kristen Neese declined to say how many of the cuts would come in Connecticut, where Pfizer employs about 5,000 at its global research and development headquarters in Groton and New London and at a satellite office in New Haven. On Jan. 26, Pfizer confirmed that its planned acquisition of Wyeth will bring thousands of layoffs, but any further effect on Connecticut jobs is unknown at this time.
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