Allergen had major cuts today. Takeda will slash (mainly pediatric territories) late November, early December. Most will be the overpaid shire reps/mgrs
Go fishing in another pond ! The cuts will come from Psych. Coupled with Lundbeck and telehealth who needs the number of reps in Psych offices! You would however be doing a favor if cut old shire reps —- they still covered under the old severance/change of control But seriously go fish in another pond!! That’s what wrong right now; the 2 Legacy reps hate each other and there’s nothing leadership has done to change or will change it
Neither Takeda nor Lundbeck realize that we are not accomplishing a damn thing by call offices and worrying the hell out of them. The article on CP about telemedicine says 90% of docs will continue to use it! If they are going to do a lay-off, do it now before the holidays!
Shire reps will be affected the most. Takeda will pay much less on severance. Going to be a maximum payout for all the reps And mgrs that have been with shire forever. On average, shire reps make between 35-40% more in salary. Mgrs will be in the same boat of the cuts. Some will be neuro but only 20% or less. Ped reps are going to be between 40%-60%. Trust me. Inside info and COVID 19 didn’t help.
It’s hard to trust your inside information when ped reps don’t exist anymore. Did you really mean ped/primary care?
GI is the place to be, no counterparts, still in launch mode with Motegrity, and launching new med next year.
Layoffs sooner than later, waiting for 2 year agreement with Legacy shire. End of the year a definite. Mostly shire employees. 1 year max severance. Trust me
usually when someone working in pharma says trust me it’s usually the canary in the coal mine. The statement itself is a tactic of diversion. something is coming from them that will violate your trust. In this case however, it will play out to be true
