And the Layoffs Begin



















Screw GG saying the reason for screwing all these people is because of “difficult marketing conditions”…. take some ownership clowns! You jammed all these people into territories that didn’t have the market to handle the head count! All because you lack the knowledge and the leadership.

For everyone who remains… this isn’t the last of the cuts. The Q4/2022 earnings call will be a blood bath.

More to come.
 












GG, BG, JL jam too many reps into territories. Everyone in the field pushes back. They decide to move forward anyway. A year later they fire a bunch of these people. Put a huge wrench in these people’s lives.
Youall remember when BG said he was going to expand operations in 2022… and instead bloated the sales force while we all laughed at the misstep.
Now 29 have no jobs and many others internally.
Yet BG,JL, and GG - nothing. No consequences for terrible leadership and toddler level strategy.
 




































1st round?

Round 1, yes…..then hope for attrition, when they dont get the numbers they want it will be round 2. Probably somewhere in Q2 due to catastrophic declining revenue numbers with XT getting an ASP. Then there will be consolidation of areas and RSMs will be asked to do more with less. If you have a good resume, run.
 












GG, BG, JL jam too many reps into territories. Everyone in the field pushes back. They decide to move forward anyway. A year later they fire a bunch of these people. Put a huge wrench in these people’s lives.
Youall remember when BG said he was going to expand operations in 2022… and instead bloated the sales force while we all laughed at the misstep.
Now 29 have no jobs and many others internally.
Yet BG,JL, and GG - nothing. No consequences for terrible leadership and toddler level strategy.

we still have our DME dept - whoe brain child was this
 
























GG November 2022:
Let me update you on the progress of each of these in Q3. First, our commercial team has grown to 365 direct representatives up 11% year-over-year, and we believe our commercial team continues to represent a key competitive advantage for Organogenesis. The strength of our sales force enables continued expansion across the country and deeper penetration as our team increases awareness of the benefits of our advanced technologies.

3 months later
GGFebruary 2023:

I have difficult news to share.

We operate in a complex market with increasingly challenging economic conditions, which we expect to continue for the foreseeable future. To ensure Organogenesis remains a market leader, we performed a rigorous operational review to improve productivity and increase efficiency to be better prepared for the future.

As a result, we made the difficult decision to reduce our workforce by approximately 7% across the company and notified impacted employees earlier today.
 












GG November 2022:
Let me update you on the progress of each of these in Q3. First, our commercial team has grown to 365 direct representatives up 11% year-over-year, and we believe our commercial team continues to represent a key competitive advantage for Organogenesis. The strength of our sales force enables continued expansion across the country and deeper penetration as our team increases awareness of the benefits of our advanced technologies.

3 months later
GGFebruary 2023:

I have difficult news to share.

We operate in a complex market with increasingly challenging economic conditions, which we expect to continue for the foreseeable future. To ensure Organogenesis remains a market leader, we performed a rigorous operational review to improve productivity and increase efficiency to be better prepared for the future.

As a result, we made the difficult decision to reduce our workforce by approximately 7% across the company and notified impacted employees earlier today.
I'll never forget when my Senior Director told us this strategy from Brian Grow as if it was some brilliant idea. I interviewed people but refused to hire anyone because it was so obvious that this outcome was inevitable. This company is truly spiraling. You can't promote that much useless talent from within and expect a great long term outcome. A large majority of the people in the management meetings, I wouldn't even hire as reps at other companies I've worked for. It really is a pathetic group.