The Pres announced “Tariffs” on Pharmaceutical with Canada, Mexico and China. Layoffs are coming.
Sec of Defense:$800 Billion Budget, 1.3 million active-duty troops, 1.4million National Guard, Reserve & Civilian employees based worldwide wide.
Previous Sec of Defens:
General Lloyd Austin (4...
We will all experience downsizing and layoffs once the TRUE agenda is revealed. We all dodged a bullet with the blocking of the federal funding freeze. You heard it here first….get ready for what’s coming to Pharma.
https://www.nj.gov/labor/assets/PDFs/WARN/2024_WARN_Notice_Archive.pdf
That’s just under 1k FTE impacted in 2024 at Lawrenceville. What divisions are these people coming from? Anyone have information? Talk about a mood killer. That’s a round of departures every other week for the rest of the year.
Apart from the 350 from Horizon, Amgen hasnt announced any other lay offs, nevertheless i found from my old friends at ATO and AML that departments are being erased…why there is NOTHING in the news, firing happened in the last 2 weeks…WTF
With all the talk on here about Ammon, Medcreen, Clarity, ADL, SDX/Mako, RDX/Xeron and many other NE labs, is there any future in the lab industry? NY is a mess with Enzo selling to LC, Xeron being sold, (Sherman Abrahms, all Russina owned labs & Lenco pay to play business model, BRL being BRL...
Rumblings that Novartis layoffs are to make room for Clovis onc acquisition of 400+ employees, to be announced.
I assume the reason being Nvs interested in FAP-2286 and owns the rights to "Lumiere" anyway.
Anyone have an inkling?
Obviously this is unprecedented times right now. I am curious if any companies have begun sales force layoffs and if so were they furloughed or just straight laid off? Hoping to weather the storm at our company, but it’s still so fluid
I got a call on Friday about a job for Alkermes, but not sure if I should go on the interview? It seems the company is on bad shape, is this accurate? Are they interviewing me just because I am pretty?
ABT is doing OK in some areas, stock is good, but there are pockets of cutbacks starting. Hiring freezes, open position cancellations, executive 'retirements' without replacement, most DVPs given cut-back tasks.
Nothing too disastrous, just Miles preparing for recessionary climate.
As we all know by now Ameritox is closing. We all had an idea or there have been major rumors over the years of liquidation but its finally true. I heard that 4th quarter last year they spent over $100k on tablet refresh for sales. Does anyone know if we get to keep this equipment? any idea...
What a shame.... over 500 US workers loose their jobs (since 2014) and the company also looses $12 million in the sale of the property.
Novartis has sold its plant in Suffern, N.Y., which was then quickly resold.
The vacant Novartis manufacturing facility in...
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