anonymous
Guest
anonymous
Guest
I gave you my Blood, Sweat, and Tears daily for years! And for it to end this way!
So let me get this straight. Just, what. . . A couple months ago (if that) they pulled you all in for a national meeting, gave awards, painted a bright future and now they lay you off? Like they didn’t know this was coming? I was laid off last September (thank God) and I knew this was coming then. I was relieved that I didnt have to deal with the surviving managers’ manic scramble to increase numbers. Which for most of you, probably consisted of a bunch of inane analyzing reports and identifying where you should go and wasting time LOOKING at numbers instead of being in the field. Oh, and more frequent meetings, calls, again, keeping you out of the field. I never understood the logic in that, but whatever. Unless of course you were lucky and had one of the few managers that were realistic and said fuck it. If I saw this coming last September after the first round, y’all should have had a clue what the future was gonna hold. If you didn’t, I’m sorry you were laid off, I really am. . . But never trust Pharma. . . Big or small. They’re all the same.
I gave you my Blood, Sweat, and Tears daily for years! And for it to end this way!
Well said. Former employee here. Once the generic hit the streets, its was only a matter of time...especially with only one product in the bag.
Here are three other hard truths:
1) COVID screwed this company. If Amarin wasn't forced to pull its sales force out of the field, the numbers would have been much, much better and the downsizing wouldn't have happened quite as quickly.
Again, once the generic hit, it was over. Forget about the rhetoric from upper management. They were only interested in driving numbers as long as possible to salvage their own careers and/or allow more time for them to get their next gig lined up. The regionals were some of the worst I have ever seen in this industry. And I have seen some dogs with fleas...but this group? Woof.
2) The salesforce is the most expensive line on the P&L. These numbers are looked at quarterly as a part of business reviews. The salesforce spend...salary, car, benefits...is what takes away from the bottom line and ultimately, C-Suite level bonuses.
3) Speaking of COVID, it has forever altered the way America does business...not just the pharma industry, but all businesses. Digital marketing is the wave of future, especially in pharma/med device. The old way of doing things is long gone.
Good luck to all. These companies don't give a rat's ass about you, your family or your future.
Put yourself in the position not to lose. If this is your first time going through a layoff like this, it's a shock to the system. You will persevere. It will take time to get a new gig...about 6-9 months if you are starting from scratch. Use this time to your advantage and find your new place in the business world.
Has nothing to do with Covid. Once Judge Du ruled in favor of Generics, it was over, no matter whether you were in the field from 8 am to 8 pm. Insurance companies will always encourage Generics and Pharmacists will switch whether you are in the field or not.
If you don't think the pull out of face to face meetings, a lack of patients seeking treatment and fewer prescriptions to gain better Managed Care coverage...all driven by the COVID pandemic...didn't speed this process up, you don't know anything about the healthcare industry and business in general.
The only thing that I failed to mention was the buffoons we had as lawyers that handled the patent challenge and the justice that ruled against Amarin was the perfect storm that doomed this company.
Actually, you don’t know anything about the Healthcare Industry or Business. It’s a Generic you’re competing against. That will ruin any product especially one that’s just getting off the ground in Launch phase. It’s not Lipitor toward the end of its Product Cycle where 100’s of Billions have been made already. Nothing you or anybody can do about that once that Court Decision was made.
Exactly.
It's ironic that the layoff was to save $100 million over the next year. After the last layoff in September, the bozos in the corporate office hired back all the managers that got laid off and created BS positions for them. They took a training department of 2 and turned it into 7. They hired data analysts, recruiters, trainers all for a company that just laid off 400 people. Why did they need trainers and recruiters after a layoff, especially if they were not backfilling the open positions? There has never been a budget for the sales team. Seriously? Who operates on an open checkbook policy? Yet the same people that hired back all those people only to lay them off again are still employed. They never changed the leadership at the top, the same people still getting paid. Such a dumpster fire. AB, RB, DP, EB should all be ashamed of themselves.
It's ironic that the layoff was to save $100 million over the next year. After the last layoff in September, the bozos in the corporate office hired back all the managers that got laid off and created BS positions for them. They took a training department of 2 and turned it into 7. They hired data analysts, recruiters, trainers all for a company that just laid off 400 people. Why did they need trainers and recruiters after a layoff, especially if they were not backfilling the open positions? There has never been a budget for the sales team. Seriously? Who operates on an open checkbook policy? Yet the same people that hired back all those people only to lay them off again are still employed. They never changed the leadership at the top, the same people still getting paid. Such a dumpster fire. AB, RB, DP, EB should all be ashamed of themselves.