Salem Radio Network News Tuesday, January 25, 2022

Business

Exclusive-Pfizer to cut U.S. sales staff as meetings move to virtual

(Reuters) – Pfizer Inc said on Tuesday it is reducing its U.S. sales staff as it expects doctors and other healthcare providers to want fewer face-to-face interactions with sales people after the COVID-19 pandemic ends.

The move comes as the company is expected to announce more than $80 billion in revenue in 2021 on strong sales of the COVID-19 vaccine it developed with Germany’s BioNTech SE. That would be record sales for a pharmaceutical company, according to Pfizer Chief Executive Albert Bourla.

(Reporting by Michael Erman)

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