2020 Layoffs














IS THERE ANY GOOD NEWS OUT THERE? Is the product good? Can the reps compete at all? Can they get out of this in 12-24 months. Stock price is soo low and the industry is hot. Will the ceo be able to navigate through this and be successful?





IPO from $15 to sub $4
Too many shareholder lawsuits to count
Significant layoffs to start and voluntary departures continue
Insider stock selling to take place when lock up expires
Another payer clawback of $25mm
Declining reimbursement for genetic testing
Covid revenue $$ bump to disappear
Preeclampsia news...big yawn
 


Looks like a mass exit these past few weeks and more to come. It’s amazing to watch a company fall right before your eyes. They have given so much power to K. Bogden and legal, Hutan and the company is crumbling under their leadership. What used to be a great company to work for is no more. Exec team doesn’t seem to have a care in the world for the mass departures. Blaming those leaving instead of taking a look in the mirror.
 


Looks like a mass exit these past few weeks and more to come. It’s amazing to watch a company fall right before your eyes. They have given so much power to K. Bogden and legal, Hutan and the company is crumbling under their leadership. What used to be a great company to work for is no more. Exec team doesn’t seem to have a care in the world for the mass departures. Blaming those leaving instead of taking a look in the mirror.


Any insight to this? I have been contacted by a recruiter and doesn’t look like the best fit. Would love to know why everyone is leaving and why no one seems to care?
 




Looks like a mass exit these past few weeks and more to come. It’s amazing to watch a company fall right before your eyes. They have given so much power to K. Bogden and legal, Hutan and the company is crumbling under their leadership. What used to be a great company to work for is no more. Exec team doesn’t seem to have a care in the world for the mass departures. Blaming those leaving instead of taking a look in the mirror.
 


Looks like a mass exit these past few weeks and more to come. It’s amazing to watch a company fall right before your eyes. They have given so much power to K. Bogden and legal, Hutan and the company is crumbling under their leadership. What used to be a great company to work for is no more. Exec team doesn’t seem to have a care in the world for the mass departures. Blaming those leaving instead of taking a look in the mirror.
 









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