Amgen 2018 Layoffs

when will they be announcing? Announcements came out yesterday that high level people are leaving for ‘external opportunities’

 

Who’s leaving?

 

It was a good ride until it lasted - we officially were toast in the middle of March with Outcomes data at ACC. Managed care is adding Praluent as preferred left and right with major price break . I guess we can pray for another patent infringement appeal. We're screwed!!!

 

Alison Moore

 

I was hoping Erika Menon Funck would be gone. So dumb and arrogant.

 

Well folks, I think the next 6 mos or so will really tell the tale. If Repatha loses anymore access with these big PBMs it is done. We had a disadvantage in coverage before the ES news. Yikes. Amgen market access team not doing the field any favors.

 

The OCT team only works on Oct 15th and is more secretive than the CIA.

 

If you were good at selling Repatha and built more demand, maybe the RAS’s could get more business!

 

Doesn’t sound like layoffs happening anytime soon from all the positive conference calls, formulary wins, etc lately??

 

https://www.usatoday.com/story/money/business/2014/08/06/amgen-biotechnology-layoffs-earnings-executive-compensation/13634953/


Congrats on a great quarter — now, you're fired

Read the article about how Amgen had a great quarter Then laid off 3000 people in 2014.

 

Right on! All they care about is the price of AMGN.

 

Looking forward to being laid off with Amgen. Would hopefully go work for Regeneron. Better company anyway.

 

Confirmed layoffs occurred in compliance group at ATO last week, more to come

 

Amgen has been doing silent layoffs for a while

 

How many?

 

When will field be impacted? End of the year or sooner?

 

Who has the inside scoop??

 

All I know is quite a few EDs ‘retired’ last two weeks from R&D. This usually happens before a big layoff at Amgen from what I have seen in the past.

 

BS, not a single ED retired from R&D last week.