2nd layoff coming! Soon.

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Anonymous said:
I know. Me too.
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Uh. The Divot. Have you been listening? Vertex is trying to get from here to there -- this has been no mystery to us here -- my manager talks about it alot -- and to what leadership is telling investors. I think clearing the deadwood from time to time is a good thing, and LONG overdue here. My last company did it every 2-3 years -- we are so lame on honest performance reviews here and that means a lot of mediocrity has been allowed to hang around over the years. We have too many senior directors and VPs. I'm told they're going to focus on making the company less top heavy and clear that heavy underbrush of too many mini-chiefs. Also, some of those lost souls deep in the bowels of R&D who have tinkered for years with nothing to show for it will get the boot, too. I, for one, think both of these are good moves. I like the feeling of a fresh start at the new location, and doing some needed housecleaning before we move. Honestly -- how many of you know the obstructionists, deadwood and bowel-dwellers I'm talking about? We're way too small of a company to have so many hangers on who can only remember how it used to be, or make the rest of us do their work.
 






Anonymous said:
Uh. The Divot. Have you been listening? Vertex is trying to get from here to there -- this has been no mystery to us here -- my manager talks about it alot -- and to what leadership is telling investors. I think clearing the deadwood from time to time is a good thing, and LONG overdue here. My last company did it every 2-3 years -- we are so lame on honest performance reviews here and that means a lot of mediocrity has been allowed to hang around over the years. We have too many senior directors and VPs. I'm told they're going to focus on making the company less top heavy and clear that heavy underbrush of too many mini-chiefs. Also, some of those lost souls deep in the bowels of R&D who have tinkered for years with nothing to show for it will get the boot, too. I, for one, think both of these are good moves. I like the feeling of a fresh start at the new location, and doing some needed housecleaning before we move. Honestly -- how many of you know the obstructionists, deadwood and bowel-dwellers I'm talking about? We're way too small of a company to have so many hangers on who can only remember how it used to be, or make the rest of us do their work.
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Finally a realist. I agree completely w/ you. The place to start is meetings. Why are half the people in those meetings to begin with? Basically to have something to do and then to muck things up so another meeting has to be scheduled. That's how life was at AstraZeneca when I was there and it was death by a million meetings. I left them to come here only to find even more meetings with clueless people who don't know they are clueless.
 






I wish I had your confidence the focus was on the "clueless" and the "dead wood". We all know who they are but they are like roaches, the consummate survivors, kissing the right anatomy to cling to their survival. The clueless ones will likely be the ones involved in the layoff planning and not the ones getting laid off. Scary.
 






I interviewed at GILD before taking this job. By reputation they are agressive, focused, lean, and mean. They ate our lunch with an Incivek-killer as Boger and Emmens avoided some hard decisions over the past 5 years in HCV. Many of you are acting like you're entitled! Go work for the Post Office if that's what you want!!!! Pharma is highly competitive. Gilead, JNJ, and AbbVie among many others will not sit on the sidelines waiting for us to get our act together. They will continue to eat our lunch if we don't act with intelligence and aggression. We have a great opportunity with Kalydeco. But if we keep many of the old timers and their old ways, or as someone puts it the dead wood, we'll lose everything. I'd rather see our company layoff another 10-15 percent than to shutdown and we're all out on our rears because the tough calls weren't made. I also agree with earlier posts that we all do know the ones who should go.
 






Anonymous said:
I interviewed at GILD before taking this job. By reputation they are agressive, focused, lean, and mean. They ate our lunch with an Incivek-killer as Boger and Emmens avoided some hard decisions over the past 5 years in HCV. Many of you are acting like you're entitled! Go work for the Post Office if that's what you want!!!! Pharma is highly competitive. Gilead, JNJ, and AbbVie among many others will not sit on the sidelines waiting for us to get our act together. They will continue to eat our lunch if we don't act with intelligence and aggression. We have a great opportunity with Kalydeco. But if we keep many of the old timers and their old ways, or as someone puts it the dead wood, we'll lose everything. I'd rather see our company layoff another 10-15 percent than to shutdown and we're all out on our rears because the tough calls weren't made. I also agree with earlier posts that we all do know the ones who should go.
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Insider here. A medium size layoff is coming soon. I am not the original poster but I do have access to this information. It will be fair but it may not be equal. I'm sorry.
 
























As a survivor of the first layoff in the early '00s, I can tell you that it was advertised as "hard" and "necessary" and "fair". As I watched really good people get the hook and others who were shite from day one stick around because they kissed the right butts, I can tell you I have no faith in those words this next time around. Oh, and that was in the Boger era, which was a lot better than what we have now, in terms of equitable and fair.

The worst thing I saw back then was how, after the kill lists were created, some of the names on that list suddenly disappeared if those people happened to be friends/spouses of some of the cronies of the top brass. I add this to note that the kill lists get even more unfair once the cronies have their say-so.

So you all be careful and get your resume polished. I've already got mine ready to go. When my favorite head hunter called me last week, she told me she suddenly has a "huge' pile of resumes from Vertex research.
 






Anonymous said:
As a survivor of the first layoff in the early '00s, I can tell . I've already got mine ready to go. When my favorite head hunter called me last week, she told me she suddenly has a "huge' pile of resumes from Vertex research.
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I was told the same thing yesterday. I recently made my profile on LinkedIn and have connected with about 70-80 people and its growing fast. About half the list are headhunters and the rest are old friends and researchers.
I am growing steadily uneasy about my future here and why not, management has given me every reason to be nervous. I am relieved to start hearing about openings across the spectrum which gives me comfort. I miss the old days.
 






Anonymous said:
I was told the same thing yesterday. I recently made my profile on LinkedIn and have connected with about 70-80 people and its growing fast. About half the list are headhunters and the rest are old friends and researchers.
I am growing steadily uneasy about my future here and why not, management has given me every reason to be nervous. I am relieved to start hearing about openings across the spectrum which gives me comfort. I miss the old days.
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I'm not ready for this.
 












Anonymous said:
Neither am I! I should have seen this coming when the commercial got hit hard. Does anyone know if this is coming before the end of year or first thing next year. It is important for planning purposes.
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I have a friend in HR that has confirmed pretty much what has been said on this board without many more details other than the layoff will be effective 24 Dec. They DO NOT have to give us WARN. There was several reasons for this that went well above my pay grade. It doesn't matter. I have already have interviews lined up. Please, someone fill in the fine tuned details so that w can be more prepared.
 






thing is - the people who were the cause of the overhiring and empire building are the ones who are still in place. When do they have to pay the piper. Shame that the biggest @#$#% kissers are the ones who survived - and the good, honest, hard working people who were there for the right reasons and whose blood, sweat and tears built the company were either already let go or are going to be let go.
 


















Anonymous said:
My source tells me that they are in negotiations to sell the company. She tells me not to wait for a severence. "Find a research job now and go"
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First, learn how to spell severance. Next, find a better source. You must be one of the ex-commercial hired guns we let go just trying to stir up trouble. Crawl back in your cave.
 












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