$1.5b in cost cutting means layoffs

[anonymous]

Execs. counting there $ and don’t care about employees. Here it comes’. LAYOFFS…

 

[anonymous]

I’m guessing end of august

 

[anonymous]

They've already started at the beginning of the year. Seeing people laid off every other month. I think by end of year, 2,200 people will be impacted.

 

[BMS is awful!]

I’m guessing end of august

You can always check NJ Warn notices and stop guessing.

 

[anonymous]

It's rolling layoffs. Been happening since last year.

Welcome to BMS. Where execs get $20 million bonuses and the peons are left to worry about whether they can put food on the table for their families.

 

[anonymous]

It's rolling layoffs. Been happening since last year.

Welcome to BMS. Where execs get $20 million bonuses and the peons are left to worry about whether they can put food on the table for their families.

Mediocre hiring at the exec level. Shocked that such hires are even considered. This is probably due to the mediocre C suite who keep filling their pockets and need idiots reporting to them who will not question anything.

 

[anonymous]

You can always check NJ Warn notices and stop guessing.

1.NJ is not the only site
2. Even in NJ they didn't go by the WARN notice during the April/ May layoff

 

[anonymous]

The 1.5B cut is done. If you were affected, you found out months ago, with end dates staggered throughout the year based on business need.

 

[anonymous]

The 1.5B cut is done. If you were affected, you found out months ago, with end dates staggered throughout the year based on business need.

If they don’t do more, we are doomed as a company

 

[anonymous]

The 1.5B cut is done. If you were affected, you found out months ago, with end dates staggered throughout the year based on business need.

If you believe that cuts are done...I've got a bridge to sell you.

Keep drinking the corporate Kool-aid

 

[anonymous]

If you believe that cuts are done...I've got a bridge to sell you.

Keep drinking the corporate Kool-aid

Exactly! Spot on!!

 

[anonymous]

If you believe that cuts are done...I've got a bridge to sell you.

Keep drinking the corporate Kool-aid

100% right. The LT always knew they have to do the biggest cut in Q4’24. The next layoff is coming just in time for Christmas. Ho Ho Ho.

 

[anonymous]

If you believe that cuts are done...I've got a bridge to sell you.

Keep drinking the corporate Kool-aid

Learn to fucking read, Jesus. There will almost certainly be additional cuts, and it'll come under another cost saving measure. The $1.5B one is done.

 

[anonymous]

Learn to fucking read, Jesus. There will almost certainly be additional cuts, and it'll come under another cost saving measure. The $1.5B one is done.

Call it $3B. What’s the difference,?same end game

 

[anonymous]

BMS Kool-Aid drinkers out in full force praying, hoping that their Corporate Masters are being honest with them about future layoffs.

You can't trust a damn thing anyone in this place tells you. Lies and more lies.

This only gets worse from here and I don't plan to stick around to see the inevitable ugly ending.

 

[anonymous]

BMS doesn't create medicines and can't manufacture their way out of a box. The current c-suite & board made all of the bad decisions in the last eight to 10 years. So what's left?

 

[anonymous]

I have it on good authority that this is most certainly not the end of the layoffs. Don't ask me my source.

Good luck to all dealing with this uncertainty and abuse.

 

[anonymous]

Let’s add more vendors and cut employees. McKinsey Rules! Mix in some ZS too!

 

[anonymous]

Let’s add more vendors and cut employees. McKinsey Rules! Mix in some ZS too!

To be fair, they're currently cutting ex-India employees and ZS at the same time... Although I'm sure there'll be some cutting in India soon too.