"Let's have fun" does that translate to you staying in Florida for a month with your wife so you could fire our RD?
KITE IS LAYING OFF!!! WTF
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He was there for the all you can east seafood buffet
On another note, It's no wonder why Bristol is kicking our ass. Novartis kicked our ass without even trying. As soon as Bristol showed up with delivery they started killing us in the ATC's? Why is that? Oh yeah, they showed up!
Kite has more excuses than an 8 year old. They lost the trust and commitment at the ATC.
They gave it away because the CTAM's are lazy, greedy and provide zero value.
Won't be long before we are averaging 30 a week. What happens then? Tick tock.
Crickets.
Where are our leaders? Where are the managers? Where are our Exec Dirs?
Pathetic non responses. Really pathetic.
Poor Kite. Destined to fail. Sad for shareholders and patients.
Legacy Kite is steering the ship right into the Bermuda Triangle.
We were better off with Dan and Colleen! Imagine that!!!
Where are our leaders? Where are the managers? Where are our Exec Dirs?
Pathetic non responses. Really pathetic.
Poor Kite. Destined to fail. Sad for shareholders and patients.
Legacy Kite is steering the ship right into the Bermuda Triangle.
We were better off with Dan and Colleen! Imagine that!!!
CTAM's are screwed too. I hear that Kite is going into self preservation mode over next 12 months and the next stop for CTAM's is in a bank of cubicles in home ofc
Attention Kite people you had a good run of working less than most of the other lazy Oncolgy sales reps. Be thankful for what you made and what you have. You will be fine and land another overpaid job but might have to work 3 days a week instead of 2. This is the industry, layoffs are part of it, so pull up your big boy pants and move on.
Thanks for the memories Dave. Great job reading the script today. Flawless.
I am sure the lawyers had it written for him. They over built this empire even though we told them it was dumb. Now we see the results. Literally hiring a community team was dumb from the get go. Market access payer work goes to Gilead to cut costs. ATCs don’t need help financially anymore with 10 CARt drugs approved now. Marketing is way overbuilt. cut cut cut
How long before the next round? The issues still remain with leadership. I wouldn’t get too comfortable if you make it, Bites in 2nd line will take care of the next round.
CTAM's can literally be in a call center in Bangladesh. Good Day to you.
Gilead finally acknowledged what they paid for Kite was far too much. Cutting the losses and fat to focus on profitable businesses - this will be a skeleton business unit in the near future
Gilead spent 12 billion on Kite over 5 years ago, spent billions more trying to make it be profitable… so what is the overall Net profit… -16 billion… so why hold the leadership accountable? Get ride of the managers and reps. No ERDs lose jobs in downsizing, no VPs lose jobs they protect their own. #1 problem across kite/gilead is sales leadership the VPs and ERDs are middle managers who are way over paid, lazy and spend all day on job justification . Fire them and start over!
Yes. Agree. I'm in the COVID19 BU and the inept "leadership" has been overwhelming starting with K Banks and now Pete is going to be just as bad accept instead of just avoid the business like she did, he's going to try and micro-manage it just like a Primary Care office-based team. It's going to get worse before it ends. Gilead has a serious problem with their upper management. It's got to be some of the worst in the industry.
Covid and Hep C are the next business units that will be trimmed down. Gilead is doubling down on their Oncology and HIV business units. One for it’s potential, the other for it’s extremely profitable current and long term opportunities.
Several CTAM positions are posted on LinkedIn. From how these posts read- seems risky. Any upside or is it a strict hard pass?
LOFL These positions don't really exist. They just had to post the positions publicly. Its a joke.
Because they are earmarked for the people who were laid off? Or because they have no intention of filling?
Gilead has also lost over half $billion on project blue stream, or implementation of SAP. I think the announced layoffs at Kite and Gilead are just the start