Pfizer (PFE +0.2%) says it's laying off some of the U.S. sales reps who promote its drugs to...

|About: Pfizer Inc. (PFE)|By:, SA News Editor

Pfizer (PFE +0.2%) says it's laying off some of the U.S. sales reps who promote its drugs to doctors. The drug giant saw an 18% Y/Y drop in U.S. revenue in Q3, thanks in large part to an 87% decline in Lipitor sales following the arrival of generic competition.