Hi all, I’m currently working in one big pharma company but future there for me looks quite steady, there are coming big changes in the structure and probably lay offs. I’ll have an interview in the next few days with a small pharma company for a global role. Would you recommend me to move from big pharma to a small company in the industry taking into account the situation?

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If you don’t mind me asking - what pharma company are you working at?

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Pfizer is one of the companies that are currently undergoing layoffs. Just an fyi

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AbbVie?

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It seems like you have an answer set for yourself there.

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I think the answer comes down more to where you feel the career prospects are best assuming comp is not the issue. You could have a great career through both routes I hope but pending restructuring rightly should give you pause - the scale of many reorgs this past year or so have been remarkable in their breadth and depth.

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As someone who works at a smaller pharma company that has undergone lots of transformation the last two years, change is inevitable no matter where you go and it’s hard to predict stability. I think on one hand it’s good to look at your options elsewhere, going somewhere else will require you to start from the bottom socially & professionally in some ways. You have to start from scratch in regard to influence & finding a sponsor. If you already have a sponsor in your current org, and a strong reputation, you might want to leverage it in this season to see if you can find a more secure role where you are now. I think it’s up to you — whether you think you can adjust internally (and quickly) or if the layoffs are massive, move out and bring your experience w/you and try your best to impact your new org and share your value very early, if possible.

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