NEW YORK - Pfizer Inc.s new chief executive is preparing a restructuring plan that could include cutting several thousand jobs and changing the way the drug maker develops, makes and markets products, The Wall Street Journal reported on Tuesday.

Citing people close to the situation, the Journal said employees at the worlds largest drug maker were bracing for deep cutbacks when Chief Executive Jeffrey Kindler presents analysts with some specifics on his plan.

Kindler has not finalized some of his decisions and could change his mind about others in the week before his presentation, the paper also said.

Paul Fitzhenry, a company spokesman, declined to comment on the report.

Regarding Mondays upcoming meeting with analysts, Fitzhenry said: Itll be an update on the strategic review that weve been undertaking for the past several months. And we will be outlining our plans based on that review.Copyright 2007 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters.