3.0
31 July 2014
Former employee, more than 8 years
Recommend
CEO approval
Business outlook
Pros
Excellent people. Excellent resources. Good benefits (but are getting cut). Generally work/life balance is good.
Cons
After a decade of constant layoffs, morale is terrible. You can feel like the axe can fall at any time. Pfizer is too quick to go to layoffs without assessing the portfolio needs a few years out. Too driven by accountants and the immediate financials instead of playing the long game. The delayering from a few years ago created very little room for moving up the corporate latter. The annual news is always to do more with fewer resources. In the almost decade of work, I never got anything more than a 3% annual pay raise despite always getting solid to excellent annual reviews.