Today's Devastating Conference Call

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Anonymous

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What a joke! "I am excited to make this announcement today!". How callus, Chris!

We new this was coming when Hansen, Berry and Howell came over! All are hatchet men with 1 agenda. Get rid of the old EMID people and replace with Ebd people. Hybrid has been a disaster. Look at the rankings. This was planned before the Hercules project was announced. "A few people have been eliminated?" "Significant level of excitement from management". What crack pipe are you hitting? How many of the EMID managers are excited when most will be jobless come Oct?

Interviewing for your positions? Another year of bs changes by placing many people from EMID on plans for no reason other than to move them out so that Covidien will not have to pay a severance or allow them to move divisions and stay on with the company. Shame. Shame, Covidien!
 




Unbelievable. Tear down 60 years of a core business in 2 years of poor leadership. All the prior crappy leaders combined don't hold a candle to this bunch. 50% of the EMID and Ebd sales force will be affected? Glad I could smell a rat awhile back and already have the resume polished and out. Sad day for all the good that was done by those that were here for the good old days!
 




















Endo mechanical mainly. It has not all gone down yet. All the people to be cut have been identified but not notified yet. Brian Deboda indicated on the conference call that approximately 1/2 of the sales force will be impacted but 100% will be affected. Take that for what you want but reading the tea leaves and all the dancing that was done on the call indicate that a large portion of EMID reps and managers will be terminated. Management will likely be hit hard this time and those that want to go back to the field will bump a rep out of the way. What a blood bath the next 3-5 months will be.
 




It must kill the "C" suite to know, if they could fire everyone except themselves-how high the profits would be for at least a quarter or two. They could parachute to Bali and live out their storybook lives in peace without the little people nagging them about their stupid careers.
 




























Very sorry to hear about folks losing their jobs. Never a good situation. The immediate uncertainty of the future probably seems a bit overwhelming, but you will get through it and you will prosper. I do not work for Covidien but I have had the pleasure of meeting a lot of you folks. Very good people, very impressed with every Covidien employee I have met. Good luck to all of you.
 




I can tell you that out of 8 EMID reps in Pittsburgh only 2 are safe. Positions "were eliminated" The rest were told that they need to interview against either each other or one of the 4 EBD reps for an open position. There is also a Surgical Supplies position open there which all are welcome to fight for. Just what I would want- to fight for a job selling commodity products that are over-priced.....
 




Anonymous said:
I can tell you that out of 8 EMID reps in Pittsburgh only 2 are safe. Positions "were eliminated" The rest were told that they need to interview against either each other or one of the 4 EBD reps for an open position. There is also a Surgical Supplies position open there which all are welcome to fight for. Just what I would want- to fight for a job selling commodity products that are over-priced.....
Click to expand...

I hate to inform you but just about everything, outside of the Davinci robot, is a commodity! People make fortunes every day selling commodities. Ever heard of oil and gas?
 




No matter, it still is a very sad and I am sure scary situation. Doesn't matter if its Covidien, Ethicon, Intuitive ect..... It still is very sad, whenever I hear of somebody losing their job. Its the Business World we now live in. You will get through it, You will Prosper.
 




Just thank Obama. That's the reason all the changes have hit in Medical Sales.

Call it whatever you want but that is the main reason. It boils down to 25% less reimbursement and a 2.5% tax on Gross Sales, NOT Net!!!!!

If you disagree you're a moron.
 




When I left the company over a year ago and changed industries, it was because of what Obamacare was going to do to Device companies. I'm sorry that this is happening but it will never be the same and most device companies are going through the same iterations. I wish the senior guys would handle this with more class and respect for the sales force, but as a former EMID rep, I only saw a lot of talk and poor action from them. Don't expect them to do the right thing - they haven't yet and have no reason to start. Take care of yourself and your families first. Best of luck to everyone.
 




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