There is no mistaking if you are a Valeant or B&L employee. The two groups have learned to get along but they have never blended and never will.How is the reorganization doing? Have you been told yet whether you are a B&L or a Valeant employee? Or was the reorganization just a few people at the top and a financial separation with Valeant for reporting only?
Not that anything a Valeant matters much. The only game in town is to make the next debt payment.
You wouldn't have to replace the current staff. They've been shackled to the maintenance of business on a shoestring model by Valeant for years. It's all about keeping the spending down to make the books look good. Most B&L people would welcome being sold and given a new challenge.Bausch & Lomb is clearly being packaged up for sale. The problem is the only thing that remains is the brand name and the OK products that were developed by previous employees years ago. The remaining employees are just maintenance of business types that have been selected for their focused knowledge of a particular maintenance of business function. These people are a dime a dozen.
If B&L is purchased it will be purchased for its brand name and the few products that are left. In order to make the company viable again the slow maintenance of business corporate culture would have to be broken. New vibrant employees would have to be hired to replace the current staff to change the B&L culture and make the company viable again.
Bausch & Lomb is clearly being packaged up for sale. The problem is the only thing that remains is the brand name and the OK products that were developed by previous employees years ago. The remaining employees are just maintenance of business types that have been selected for their focused knowledge of a particular maintenance of business function. These people are a dime a dozen.
If B&L is purchased it will be purchased for its brand name and the few products that are left. In order to make the company viable again the slow maintenance of business corporate culture would have to be broken. New vibrant employees would have to be hired to replace the current staff to change the B&L culture and make the company viable again.
if you have a job, keep looking else where. If you do not have a job, we'll do what you need to in order to pay the bills. Easier to look/get a job if you have one. Don't count on B+L being honest with you. It would be a check, but no place to be long term. Valeant ruined a once great company. Good luck.
You wouldn't have to replace the current staff. They've been shackled to the maintenance of business on a shoestring model by Valeant for years. It's all about keeping the spending down to make the books look good. Most B&L people would welcome being sold and given a new challenge.
Many of the good employees that were let go by Valeant have been quietly filtering back in to the company. If B&L was sold to someone who wanted to bring back R&D, quite a few would gladly come back. Of course, some good ones were lost forever.
Can't blame the demise of Bausch on Valeant. The only reason Valeant bought Bausch was because it was a has-been with nothing to offer beyond the short term. That's their model, their specialty. They milk the last few years of patents and livelihood.if you have a job, keep looking else where. If you do not have a job, we'll do what you need to in order to pay the bills. Easier to look/get a job if you have one. Don't count on B+L being honest with you. It would be a check, but no place to be long term. Valeant ruined a once great company. Good luck.
I applied for a sales position but hearing a lot of different things. Should I go forward with the interview? I hear many of the managers are douches. Only serious responses please. This is my career and future we are talking about.
