The Axe Swings at Alcon – 260 Gone!
February 12, 2009 at 11:04 am EST | Tags: Economy & Layoffs
Alcon is canning
260 employees, half of them from the Dallas Ft. Worth area. The company said that sluggish U.S. drug sales and the recent launch
by a rival company of a generic drug that competes directly with
Tobradex treatment for eye infections are the reasons for the layoffs.
Let’s see what investor relations VP Doug MacHatton had to say:
“This is a difficult financial environment. It’s a difficult operating environment. The (U.S.) economy has had greater impact on patient dynamics – filling prescriptions, going to the doctor – than any other market in the world.”
What??!! No thanks for all the drug pushing? The freakin CEO didn’t even make a statement! It was the investor relations PR. Not cool Alcon, not cool indeed…
At least those laid off will get severance packages that include an additional two months on the payroll, a regular amount of payments based on their years of service, some extra cash to offset the price of health benefits and outplacement services.
Blah blah blah…
Image from proactod.com



