NEWS ! Monique and Doug plan to do massive layoffs in Q4

Discussion in 'Novo Nordisk' started by anonymous, May 13, 2020 at 2:33 PM.

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  1. anonymous

    anonymous Guest

    This is great
     

  2. anonymous

    anonymous Guest

    If you choose to take an Unpaid Personal Leave of Absence (FMLA) can you be impacted by a restructure while on leave?
     
  3. anonymous

    anonymous Guest

    Yes. Talking shit about other people while lifting yourself up really IS great. Classy!
     
  4. anonymous

    anonymous Guest

    hypothetically, yes of course. did you think by taking an FMLA you would automatically be exempt?
     
  5. anonymous

    anonymous Guest

    definitely
     
  6. anonymous

    anonymous Guest

    Sounds like the company, with the people they keep around.
     
  7. anonymous

    anonymous Guest

    Well the company will scrape of the top layer again. It’s getting to the bottom!
     
  8. Mads

    Mads Guest

    CMR will see >20% cuts starting with Medical Affairs. Diabetes and Obesity medical teams will be merged to one portfolio team called Pop Health. The rest will stay in Managed Markets, DUGL's favorite. Too top heavy in Medical leadership, so many EDs will be separated from company.
     
  9. anonymous

    anonymous Guest

    Any updates from the "reliable source"?
     
  10. anonymous

    anonymous Guest

    It all started in 2016 - a 5 year plan. Restructure will definitely occur in the fall and sadly positions will be eliminated - AGAIN. So sad because Novo Nordisk is truly a great company.
     
  11. anonymous

    anonymous Guest

    Was a great place, now a garbage pile!! Management sucks, once great culture is gone too. Most reps suck and diabetes meds have become uninteresting. I personally would welcome a package after the painful years I have endured.
     
  12. anonymous

    anonymous Guest

    lame post most likely from a competitor. oral glp-1 RA has become uninteresting? OK. maybe it's time for you to find another line of work.
     
  13. anonymous

    anonymous Guest

    I’m not who you responded to, but I’ll answer your question. Yes - we can dress up oral GLP1 all we want - all we’ve done is improve the delivery method and added one more OAD to the market. Plus, there are already multiple GLP1 available. What have we really accomplished? We’ll steal some market share here and there, but nothing really changes. We act like this and a groundbreaking, but there are already OAD on the market that lower blood sugar, lower weight, and offer CV benefit. This will make us some money, but it’s far from groundbreaking. This company is living on small, incremental improvements.
     
  14. anonymous

    anonymous Guest

    Spot on- oral sema is a nice scientific accomplishment, but the advantage to the patient and society is indeed very small.
     
  15. anonymous

    anonymous Guest

    That is so not true! Patients would much rather take an oral medication than an injection! Go creep somewhere else!!
     
  16. anonymous

    anonymous Guest

    You’re right....and there are about 100 oral medicines they can take that offer virtually the exact same benefits as oral GLP1 - either alone or in combination with others. This will do nothing to truly help patients with diabetes. It’s just one more pill thrown out there that brings essentially nothing new to the market. This is not ground breaking or life changing for patients. It’s another, boring minimal step to make NNI more money.
     
  17. anonymous

    anonymous Guest

    Hahahaha, a great company. 10 years later after leaving that shithole of a company, you people are still saying the same things here about layoffs, etc. It's amusing to see that, thanks for making my morning a bit brighter!!
     
  18. anonymous

    anonymous Guest

    Yes, you are are absolutely right so thank you for letting us all know. Good luck in your continued job search, you sound like quite a catch.
     
  19. anonymous

    anonymous Guest

    Sounds like 30% across the board. 4Q and have 4Q to get placed. 1/1/2021 will be new alignment. Good luck!
     
  20. anonymous

    anonymous Guest

    I call bullshit.