Comments from teleconference today

Thoughts on TC this am?

 

I don't have inside information but based on the timing I'd expect to hear about territory re-alignments, managers being "right sized" (term), and I'd be concerned if I was selling athero.

 

What about DF?

 

Expect HUGE layoffs with the restructuring! Respiratory at risk!!

 

Inventiv included in any cuts or just employees? What about CTLs? %? HQ?

 

30-40% Reps

50% sales mgmt including DCOs & COG VPs

 

Pray for the survivors.....this is a constant trend. Pharma is a job, not a career.

 

its hardly even a job anymore

 

Guess or fact?

 

This company just sucks, plain and simple.

 

Diabetes team not touched.
Asthma Cholesterol teams handraising.
no exact numbers but sounds like 30-40%.
Hand raiser memo out this afternoon. Have until May 9 to accept.
June 23 layoffs.

Managers reduced 50%.

 

Think A/D can take be a hand raisers too,,,,,

 

Expect that Diabetes managers might be in a good or at least better place...No?

 

Please clarify. CTLs reduced 50% overall or only in certain therapeutic areas?

 

Three years full pay with bennies?
My package and I would sign!

Might even be willing forfeit my bonus.....

Any luck? Ya think?

Signed,
Crossed fingers

 

Keep dreaming

 

Has anyone connected with HR to get useful information today? I have had better luck with the computer help desk.

 

Mother is dead

 

Mother has been dead for years.

 

No way. Probably the standard 2 weeks for every year of service and subsidized Cobra for a period of time. Perhaps even AIP bonus thrown in there.