anonymous
Guest
anonymous
Guest
Word from the back office is big, big changes are coming after the first of the year. The results from the AG report have been in for some time. The recommendations are consistent with what Sonal has wanted to do from the start. There will be an evisceration of the executive group from the director level down. Only those that have been in lock step with the company Kool Aid fountain will be retained. Approximately 1/3 of the sales force will be riffed. Open territories and those with reps leaving or retiring will not be filled but combined with adjacent territories. No group will be left untouched with the exception of legal, compliance and Human Resources. Salary will basically remain the same for those retained but commissions will be greatly reduced. This is necessary to help reduce opex costs and fund the litany of compliance, strategy, consultants and legal staff recently added. Leadership has been sworn to secrecy, however some of the plans has leaked to colleagues. Some silos will be collapsed with territory and management duties shifting back toward accounts vs specialties. Get prepared if you aren’t already as it will be a very rough upcoming year for those that remain.