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US Endoscopy to be sold

Discussion in 'US Endoscopy' started by Anonymous, Feb 17, 2012 at 9:10 PM.

  1. Anonymous

    Anonymous Guest

    Hey gals and guys, might want to polish up your resume....you are being shopped around to highest bidder and might be out of jobs...you heard it here first. Good luck
     
  2. Anonymous

    Anonymous Guest

    USE will not be sold. Where would the family (i.e. owners) put their money and get the type of return they current achieve?
     
  3. Anonymous

    Anonymous Guest

    They would be smart and get out before the government really starts picking their pockets, and consolidation and healthcare reform further pushes them out!

    I am hearing the same rumors, and hear that Boston Sci is making a big push.
     
  4. Anonymous

    Anonymous Guest

    Rumors are well rumors. If you look at other boards Boston, or Merit you will see similar posts all posted the same day and roughly same time. That said I wouldn't be surprised if there was some truth to it.
     
  5. Anonymous

    Anonymous Guest

    There is definitely truth to the rumor. If and when it happens is another story...
     
  6. Anonymous

    Anonymous Guest

    There are postings about this on the Covidien board.

    In the past year US Endoscopy fired the VP Sales, Head of US Sales, Head of International Sales, and NONE OF THEIR POSITIONS WERE FILLED. (with the exception of VP Sales which was filled when they moved the HR Director over to be in that spot but what does that tell you?...) It certainly looks like they are about to be sold or the CEO is also leaving, or both.
     
  7. Anonymous

    Anonymous Guest

    Y'all are done but you probably have a year or so since the sale will take several months to be approved and another couple months where they tell you nothing will change but then you'll be whacked. My advice don't buy the bs and go after something now. It may take a year to find something and when it's offered don't think twice...covidien and Bsc will lay u off. Thyr in a bidding war. Can't blame us endo. Take the big check and screw the employees.
     
  8. Anonymous

    Anonymous Guest

    I find it hard to believe there would be a bidding war for US Endoscopy, but they say there is a sucker born every minute. The company isnt what it used to be. I agree 110% with the comment that BSX or COV would do layoffs, and not integrate the current US Endo people. Get out now if possible.
     
  9. Anonymous

    Anonymous Guest

    I agree. All signs are pointing to USE being sold. The whole environment is changing and I don't think that the family(owners) want to deal with the potential headaches.
     
  10. Anonymous

    Anonymous Guest

    I hope they are sold. The management is horrible and they only care about covering their own butts. They are getting so much heat, so they fire reps who consistently try to sell their crap products. The new products get recalled two weeks after launch because they are amatuers in product managers and manufacturing. They expect the reps to continue to try and sell and go back to the same accounts with the 'improved' products. All it does is make the rep look stupid when it fails again...and again...and again. The writing is definitely on the wall...get out while you can.
     
  11. Anonymous

    Anonymous Guest



    This post is 100% accurate. 100%. All I want to know is, when am I getting my 6-12 month severance that we heard about on the west conference call. I still cant believe they said that....Typical US Endoscopy leadership for ya. What a joke.
     
  12. Anonymous

    Anonymous Guest

    The Roof!

    The Roof!

    The Roof is on FI-YAH~
     
  13. Anonymous

    Anonymous Guest

    SW
     
  14. Anonymous

    Anonymous Guest

    Represeting. SW is full of assclowns.
     
  15. Anonymous

    Anonymous Guest

    Nice...conference call next week about all this. Looks like there is a lot of truth to these post. Maybe too much. Execs want the VPs to step in and talk to teams.
     
  16. Anonymous

    Anonymous Guest

    I almost took a job with this company. I am glad I didn't. Soundalike I would be gone in 6 months. RM seemed a little Wierd to me anyways. Said he does only morning ride alongs and then wants to get back to his newborn. Good luck to the rest of you.
     
  17. Anonymous

    Anonymous Guest

    A lot of reps are already looking for new jobs so it's only a matter of time....
     
  18. Anonymous

    Anonymous Guest

    Duh
     
  19. Anonymous

    Anonymous Guest

    Any word on when this might happen?
     
  20. Anonymous

    Anonymous Guest

    Told everything should be finalized by Q1 of next year...if not before then.