Lay Offs and Rollovers

I was in the meetings and this is what we were told. What is your source for much lower? If you go lower how can you keep the doors open?

 

Expand geographies, get rid of the HCP that clearly do not write, and consolidate. My source is what we were told in our meeting. Clearly we were not in the same meeting.

 

Here is the thing...reps are looking to leave right now, they aren't waiting for this prolonged offer. Treat employees right and they will stay... that's clearly not the Iroko way. You won't have to let people go, they are already gone!

 

No one rolls over because the company is for sale to the highest bidder. Technology is great and could be a game changer for other potentially high dosing, high risk drugs.

 

who is your source?

 

There were a bunch of foreign investors at the Tivorbex launch in Vegas. It's obvious

 

You stupid idiot!!! Those "foreign investors" are the ones who are keeping the lights on in Philly. They are the ones who are currently funding this company.

 

The plan: get rid of as many territories as possible to make company more profitable. People are expensive. Put lipstick on the more profitable pig and bring to market for sale. If can't sell right away, limp along and hope for the best. Awesome strategy.

 

Haha well Stupid Idiot has a point. Make Iroko look good to sell

 

how is this ass-crust of a company still even in play? Thought it was over for them a year ago.

 

When will we know?

 

Makes perfect sense.

 

Latest news is 30 reps will be let go!

 

Any other information?

 

How many vacant territories are being collapsed? How many RBM's are being let go.

 

so much news here so interesting!

 

Of the 30-40 reps to be cut, many of them will quit or not accept offers. Many people are interviewing and will get jobs. Many high performers will leave because their bonuses are being drastically cut because of the new comp plan. Also, some people will leave because these goals are overwhelmingly for some. Many will leave on their own leaving just a few to be cut.

 

Is there any new information? How many PSR, RBM, when? Last weeks CC did not offer a lot of information.

 

Everyone that is still here will be rolled over. Since the process started several people have left and HO decided to not cut any more reps

 

Yay!!!! We are all leaving anyway.