Atlanta insider: I have been in charge of multiple waves of restructuring at another industry player. The preliminary list of people to be cut is drafted about a week in advance and it is hammered out between outside consultants and managers very much higher in the food chain than field sales. Then legal does a detailed review of certain names to insure that the company is not left open to discrimination lawsuits, a few individual names are massaged on and off the list, and then the names are locked down no more than about 48 hours before the cuts are made. The final list goes to HR after business hours the evening before the cuts, and somebody baby-sits a printer into the wee hours of the night that churns out termination or retention letters. Then shit gets real the next morning. It is stressful for all involved which is another reason to keep the group of involved employees small. The first time I was involved my job was cut, but they needed somebody to manage the reorg and I was the one that got tapped when they needed to add that job (I had the right mix of skills and experience). I had to assist with computing the financial accruals, which depends on exactly who was being let go (we had liberal early retirement benefits) and it is weird going into to work knowing that your current boss and the rest of your department is going to get chopped, but they couldn't announce my new job early for obvious reasons. Nobody takes it lightly; I have seen senior executives break down and cry in closed door meetings. The whole process sucks, nobody likes being part of it, but it has to get done. A lot of people go out of their way to make sure it is done humanely as possible, but the posters above are correct; ALL our field Managers and others in field management know All about everything before the end of business Friday and those effected next Monday. LET HIS WILL BE DONE. QUOTE="anonymous, post: 5928981"]Any inside info on the call? What's the deal?[/QUOTE]
UCB is a loser paradise. Your leaders recognize this. For example the girl regional will finaly not be late for her canning! She is the UCB joke of the week.
[/QUOTE] Are managers happy with where they ended up? how many actual head count reductions? there are other jobs out there! Pfizer tried this new model and it failed. they laid off the entire division. wonder how ucb will make it work
I was canned Thursday night as my manager was leaving on a cruise Friday and "Needed to get this off the table" Before her vacation. Lucky I have my real estate business to fall back on.
UCB is such a joke. I was part of the 2009 layoff and I had a friend who was let go in the 2008 layoff. Management here can't get their heads out of their asses obviously. UCB should change the company name to Revolving Door Pharma or Vicious Cycle Pharma. Total incompetent leadership.
