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Anonymous
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It's surprising that no one has posted about the Durata buyout yet. Are you guys keeping your jobs or will Durata get hosed?
It's surprising that no one has posted about the Durata buyout yet. Are you guys keeping your jobs or will Durata get hosed?
It's surprising that no one has posted about the Durata buyout yet. Are you guys keeping your jobs or will Durata get hosed?
The average Durata TBM makes $140,000 in salary alone, not joking. That is more than Sales Directors at this bottom of the industry company called Actavis, Forest whatever you want to call yourselves. Durata employees are leaving by choice, nothing to worry about, you will not have to deal them. See, Durata employees will interview at similar companies, companies that pay there reps more than your bosses boss. There is no hiding the fact that not 1 employee at Durata will choose to take any job at a company that is run by the lowest of the low - Forest. Sorry, please understand this is the absolute truth. Hopefully some of you people will wake up and join the party working for companies like Durata, Gilead, Genentech, etc. someday, and you too will look back and shake your head at the fact that you ever worked for such a pos company. Assuming you have the talent. No samples, no sigs, just $$$$$$$$$$$$$$$$, that's the Durata way. Durata is the antithesis of Forest, again, many are starting the process now so we can take advantage of your pkg and get a similar job elsewhere. We may want nothing to do with Forest, but the money will still be green and hopefully the check cashes nonetheless.
I don't know about VP's, but my DM in WI is making less than 100k base and the guy has been here for 10 yrs or something as a specialty mngr. This will be interesting, don't know how we will feel about paying these rep's that kind of $.
Nothing to worry about, forget the $, no Durata employee wants to tarnish their Resume with the word Forest or Actavis or Watson, or whatever you want to call yourselves. Durata is a top tier company, this is not something Forest will have to deal with as we get recruited to similar companies to Durata. The word is out, and recruiters are already stalking us.
Seriously? Durata was a company for all of 5 minutes. Yes they were hired at high bases to entice them to leave cubist, forest.....yes forest and Medco. It's biotech. High risk, high reward. I can guarantee you many ISF1 reps make in the 130's and 140's. Not retail that were promoted over, but outside reps hired in.
Nothing to worry about, forget the $, no Durata employee wants to tarnish their Resume with the word Forest or Actavis or Watson, or whatever you want to call yourselves. Durata is a top tier company, this is not something Forest will have to deal with as we get recruited to similar companies to Durata. The word is out, and recruiters are already stalking us.
Seriously? Top tier? If Durata was so great why did it operate at such a tremendous loss? The cash burn rate was so high the pile would have burned down by March. Were it not for Saunders that company would be gone under its own weight. And as for not wanting to sully your reputation with Actavist on your resume, be sure to decline our humane job offer we are sure to make- we really don't want losers who couldn't produce but it's the right thing to do.
Durata was set to get sold from the very start. Run by venture capitalists and not scientists. They had to sell when they did, the stock was tanking and it was going to have to report sales and earnings that were dismal and would only drive the stock down further. Honestly, Actavis overpaid for DRTX and could have gotten it for far less 6 months from now. Oh, and by the way all you corky overpaid Durata reps will get laid off. Two weeks severance for every year employed.
Thank God... I'll take 0 weeks and get a job at a real company. Everyone knows Forest is and will always be the laughing stock of the industry, no rep that has achieved the level of a Durata TBM will choose to work for Forest, plain and simple. You can change your business card to Actavis, but at the end of the day you can't hide. There is exactly 0 people at this company interested in working for such a dog shi_ company. And we are making double/triple what Forest makes, that is the straight truth. No denying it, our paychecks are more than your bosses boss, and our respect within this industry and with recruiters are in a different galaxy then those of Forest. Many can stay without a job for months on end and get an equivelant job making money that Forest Reps could not even dream of. Forest people just don't even understand the kind of money people like Durata TBM's make, they literally cannot even begin to understand the $, respect, recruiter love, and experience. Experience and relationships that get us in front of people that Forest Rep's could never even believe possible, to move our product in position to become a resource to MD's and Administrators of Hospitals. It is night and day, and thank you but no thanks Forest, you can give me a raise, throw $ at me to stay, and still the answer is no thank you. The clowns fo the industry vs. a top tier sales exec. No tears for us, we'll be just fine, still making 2 and 3x what ya'll do, but for the next Durata, or plug in the company that is a top tier company. Sorry, the truth hurts. And we have so much $, we aint livin paycheck to paycheck like you and your boss Forester, we can afford to not work, but cannot afford to put the word Forest on our Resume. Do you get it now? Save the tears for those that need it, Durata folks are gonna be just fine and you won't be our colleagues, that I can promise you.
Thank God... I'll take 0 weeks and get a job at a real company. Everyone knows Forest is and will always be the laughing stock of the industry, no rep that has achieved the level of a Durata TBM will choose to work for Forest, plain and simple. You can change your business card to Actavis, but at the end of the day you can't hide. There is exactly 0 people at this company interested in working for such a dog shi_ company. And we are making double/triple what Forest makes, that is the straight truth. No denying it, our paychecks are more than your bosses boss, and our respect within this industry and with recruiters are in a different galaxy then those of Forest. Many can stay without a job for months on end and get an equivelant job making money that Forest Reps could not even dream of. Forest people just don't even understand the kind of money people like Durata TBM's make, they literally cannot even begin to understand the $, respect, recruiter love, and experience. Experience and relationships that get us in front of people that Forest Rep's could never even believe possible, to move our product in position to become a resource to MD's and Administrators of Hospitals. It is night and day, and thank you but no thanks Forest, you can give me a raise, throw $ at me to stay, and still the answer is no thank you. The clowns fo the industry vs. a top tier sales exec. No tears for us, we'll be just fine, still making 2 and 3x what ya'll do, but for the next Durata, or plug in the company that is a top tier company. Sorry, the truth hurts. And we have so much $, we aint livin paycheck to paycheck like you and your boss Forester, we can afford to not work, but cannot afford to put the word Forest on our Resume. Do you get it now? Save the tears for those that need it, Durata folks are gonna be just fine and you won't be our colleagues, that I can promise you.
Seriously? Top tier? If Durata was so great why did it operate at such a tremendous loss? The cash burn rate was so high the pile would have burned down by March. Were it not for Saunders that company would be gone under its own weight. And as for not wanting to sully your reputation with Actavist on your resume, be sure to decline our humane job offer we are sure to make- we really don't want losers who couldn't produce but it's the right thing to do.
I think you are all in the denial phase. The truth is that most of you left good jobs and burned bridges to go to Durata, you were bamboozled into thinking it would last more than 6 months and now you are facing the prospect of either unemployment or having to now work for Actavis/Forest. So the sour grapes kick in and you try to convince yourself that you are going to be better off as a result of this. Truth is your high salaries are now a liability and have priced you out of the market. Unless you go to MDCO then you are effectively out of the anti-infective market. You have no Hep C or HIV experience so you can't go there either. Bottom line is you all got raped and you know it.