maybe no layoffs

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Bottom line is that our sales DON'T support the # of reps we currently have. I think they are waiting for 2 reasons. #1 Get people out of the gate strong. #2 If they wait they can include Solvay in layoffs.
 
What happened to January 12th?

You mean Cafe Pharma isn't a reliable source of information?

I already planned a one month trip to Europe on January 13th because I thought I'd be gone.

BTW- Who is the hottest rep in Pittsburg?
 
Solvay reps generate plenty of $ per rep. There is no business reason to do anything with the sales force. It's funny how people keep throwing us into the layoff mix. We're still profitable...for now. If anything, they'd probably expand Androgel exposure rather than reduce. Instead of hating, hope you can join. Way better odds of lasting longer than selling 4 products for the same miniscule slice of the RR dyslipidemia mkt.
 
Anonymous said:
Solvay reps generate plenty of $ per rep. There is no business reason to do anything with the sales force. It's funny how people keep throwing us into the layoff mix. We're still profitable...for now. If anything, they'd probably expand Androgel exposure rather than reduce. Instead of hating, hope you can join. Way better odds of lasting longer than selling 4 products for the same miniscule slice of the RR dyslipidemia mkt.
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you are kidding right?? synthroid is the only thing making a profit, oh and you do not think there is a reason to do anything with your sales force?? what about when the new testosterone roll on comes out in a month or 2??? no smell, drys in 90 seconds, bye bye any reason to write androgel, and any reason to keep you
 
For the few of us who listened, M-a S did say that dyslipidemia franchise represents 29% of PPD sales. That's no small potatoes...and if they want to GROW then they can't trim too much fat.
 
Synthroid's a turd. Moving share takes a huge amount of calls. It only takes a handful of Rx's of Androgel to make serious $. In case you aren't in the know, the net ROI on the product is huge. That all may change in 6 moonths with new gels. They'll just go after share...not grow the market
 
Anonymous said:
you are kidding right?? synthroid is the only thing making a profit, oh and you do not think there is a reason to do anything with your sales force?? what about when the new testosterone roll on comes out in a month or 2??? no smell, drys in 90 seconds, bye bye any reason to write androgel, and any reason to keep you
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You really are an idiot, synthroid is the only thing making profit. Once again Androgel is blowing it out of the water, why do you think Abbott bought Solvay? Maybe it was for Aceon, anyways hopefully they expand Androgel's presence and you guys can keep your jobs and sell it with us
 
Ok, the RM who announced to her entire region that the rumors were true and there will be significant cuts across all ppd is either a) lying b) a shit disturber c) getting her ass chewed out for spilling it months too early and now nobody is working or cares.

I go for C
 
The fact that upper mgt didn't address it at all means it is still coming.....we just don't know when. If layoffs were not coming, they would have said so. They couldn't because they still are.
 
Yes the skirted the issue even though everyone knows it is coming, in the past, they would come out and say, We are not planning on any layoffs at this time, etc. They know We know, they told us! So by not saying anything it leaves the door open, besides, NQ was hired to sell a drug that is not going to make it to market, ever.
 
Anonymous said:
The fact that upper mgt didn't address it at all means it is still coming.....we just don't know when. If layoffs were not coming, they would have said so. They couldn't because they still are.
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Yes and soon too. If layoffs were at least several months away, they could lie now and say then that things have changed. If it is pretty soon, they lose this option because they would then look like bald face liars. IMHO they look that way anyway by not being honest and decent about it.
 
Anonymous said:
Bottom line is that our sales DON'T support the # of reps we currently have. I think they are waiting for 2 reasons. #1 Get people out of the gate strong. #2 If they wait they can include Solvay in layoffs.
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It cracks me up how you Abbott reps talk about the Solvay severance 1) as though you actually know the details, because you obviously don't. And 2) as though Solvay reps would become millionaires upon termination.

Why do you think would be more expensive:
A: in Feb 2010 fire all Solvay and pay them the higher severances (which would have been roughly industry standard, maybe a little more)

Or
B: pay them to hang around for a whole year, train them, roll them over into Abbott, then let them go in Feb 2011 for the lower Abbott severance?

Well, since we know the Solvay severance was capped at 12 months for the uber-tenured, "B" must be more expensive since it included pay for a full year PLUS a severance. On a similar note, if you plan on laying off half the sales force in Jan, but decide to push it back a month to avoid paying higher severances to a fraction of your sales force, the extra salary you would pay in that month to the ~50% you would have let go would pretty much negate the savings in severance.

Having said that, I don't know a Solvay rep who thinks their immune from any lay offs. But if you think Abbott is planning around the Solvay severance I believe you are mistaken.
 
Anonymous said:
It cracks me up how you Abbott reps talk about the Solvay severance 1) as though you actually know the details, because you obviously don't. And 2) as though Solvay reps would become millionaires upon termination.

Why do you think would be more expensive:
A: in Feb 2010 fire all Solvay and pay them the higher severances (which would have been roughly industry standard, maybe a little more)

Or
B: pay them to hang around for a whole year, train them, roll them over into Abbott, then let them go in Feb 2011 for the lower Abbott severance?

Well, since we know the Solvay severance was capped at 12 months for the uber-tenured, "B" must be more expensive since it included pay for a full year PLUS a severance. On a similar note, if you plan on laying off half the sales force in Jan, but decide to push it back a month to avoid paying higher severances to a fraction of your sales force, the extra salary you would pay in that month to the ~50% you would have let go would pretty much negate the savings in severance.

Having said that, I don't know a Solvay rep who thinks their immune from any lay offs. But if you think Abbott is planning around the Solvay severance I believe you are mistaken.
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First of all the SEC document is open to the public for viewing, and secondly, they did the same exact thing with Kos. Had they let go of any of us in the first year, the severance was very hefty. Kos, and I'm guessing Solvay, because unlike Abbott cared somewhat about their employees, negotiated sweet deals if we were let go in the first year. Why do you think Abbott shit canned their own and kept Kos reps??? As Kos reps left on their own in droves, Abbott went back to their own that they had cut and said, "Gee we now have a territory for you!" You may be right because severances are tax write offs for companies, and maybe they don't care, but Abbott has the cheapest severance packages I've seen in the last 2 years, and I wouldn't doubt it at all that that is what they are thinking.

Kos rep that left in the droves
 
I'm a Synthroid guy going back to the Flint/Boots/Knoll days. The name recognition on Synthroid is equivalent to Heinz Ketchup and Kellogg's Corn Flakes. This product sells itself. It doesn't need all of the people hawking it that are presently doing so.
 


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