Cutting Price helps Pfizer

Pfizer the world's largest research-based pharmaceutical company. As far as I know, it invested more than $500,000,000 in China, which is the largest investment for foreign companies. Their products are very closed to our daily life.
But form last year, Pfizer's sales became lower, which result in the decline of their net income. To increase sales, Pfizer decide to reduce their products' price, by doing that, their profit increased 26% in the third quarter, net income increase form $2.28 billion up to $2.88billion, or $0.34 per share up to $0.43 per share.
How can Pfizer reduce their price? the answer is to cut costs. They have eliminated 6,500 jobs so far this year, and planned to eliminate 20,000 jobs. Pfizer decided to keep cutting their cost to get more profit.
In my opinion, it is a way to increase profit by cutting costs, but, the results of doing that could be serious. Since, under the today's situation, more and more people lose their jobs, the unemployment rate is becoming a serious problem to the world wide. If more companies increase their profit by cutting jobs, the unemployment problem could be more and more serious. And the related problems will become more and more.