Merck to lay off 1.8k sales reps: 4 things to know

Merck on Friday announced plans to cut 1,800 sales positions in the U.S., reports Reuters.

Here are four things to know.

1. Merck will eliminate three U.S. sales teams that promote drugs for primary care, disease-focused endocrinology and hospital chronic care.

2. The drugmaker will develop a new chronic care sales team in the U.S., creating about 960 jobs. The team will focus on selling products with more growth potential, such as the diabetes drug Januvia and the sleep medication Belsomra.

3. The reorganization represents Merck's efforts "to better support changes in our business in the United States," company spokeswoman Claire Gillespie told Reuters via email.

4. Merck said none of the eliminated jobs will be moved outside the country, according to the report.

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