Bye bye Sumitomo

[anonymous]

The only question left to answer if the when? Everything else is a given.

 

[anonymous]

A reorg will give the incompetent leadership team a sense of purpose. They don’t bring any other value so following a script of directives is all they’re capable of doing.

 

[anonymous]

The only question left to answer if the when? Everything else is a given.

Any time now- there is no way they can be profitable in 2024 and they have to be profitable in 2024.

 

[anonymous]

Any time now- there is no way they can be profitable in 2024 and they have to be profitable in 2024.

If they are holding to their 2024 financial projections from their May 2023 mid-term business plan, that was before Ulotaront failed and the quarter-to-quarter growth rate of the Vant drugs seemingly collapsed with the last 2 publicly reported quarters. I can’t see how they don’t make some staff cuts among many other types of cost cutting moves.

Many co-workers who I speak to that would classify as the true all-star performer types we need are hoping and praying to get cut. They are all severely burnt out and at a breaking point. If they don’t get the severance or an option to volunteer to take a package, some plan to quit very soon.

Some areas where work was handled by a combined 15-20 employees previously across all the separate US companies is now handled by a team of 5-8 sometimes fewer…and of the 5-8 remaining some of that staff is inexperienced and can’t contribute much for their group or some are there to check a box or a few boxes and they don’t do much either and know they can get away with it.

…so it all amounts to maybe 2 employees in a group doing the real meaningful day-to-day functional work covering all of SMPA which was previously handled by 15-20 and was previously 5 separate and distinct companies. Look at any group across the company that does any sort of key operational activity that you all take for granted and you’ll notice it’s now like 2 employees and a bunch of duct tape barely keeping things together the last 7 months. God help SMPA if they leave or drop-dead from a heart attack or stroke.

 

[anonymous]

If they are holding to their 2024 financial projections from their May 2023 mid-term business plan, that was before Ulotaront failed and the quarter-to-quarter growth rate of the Vant drugs seemingly collapsed with the last 2 publicly reported quarters. I can’t see how they don’t make some staff cuts among many other types of cost cutting moves.

Many co-workers who I speak to that would classify as the true all-star performer types we need are hoping and praying to get cut. They are all severely burnt out and at a breaking point. If they don’t get the severance or an option to volunteer to take a package, some plan to quit very soon.

Some areas where work was handled by a combined 15-20 employees previously across all the separate US companies is now handled by a team of 5-8 sometimes fewer…and of the 5-8 remaining some of that staff is inexperienced and can’t contribute much for their group or some are there to check a box or a few boxes and they don’t do much either and know they can get away with it.

…so it all amounts to maybe 2 employees in a group doing the real meaningful day-to-day functional work covering all of SMPA which was previously handled by 15-20 and was previously 5 separate and distinct companies. Look at any group across the company that does any sort of key operational activity that you all take for granted and you’ll notice it’s now like 2 employees and a bunch of duct tape barely keeping things together the last 7 months. God help SMPA if they leave or drop-dead from a heart attack or stroke.

So you’re saying you’re short staffed? According to the upcoming rebalancing act, smpa is going to become leaner. There’s too many departments doing the same thing but still doing it on their own. Once the migration is complete a lot of those arms will become one with quite a few people cut. Be careful what you wish for because you may just all get rebalanced out of a job.

 

[anonymous]

What sales divisions are at greatest risk of cuts?

 

[anonymous]

Morale is low. No Christmas bonus. All negative things here. Wish they would confirm we are ok next week or make the cuts. Stop dragging this out.

 

[anonymous]

Morale is low. No Christmas bonus. All negative things here. Wish they would confirm we are ok next week or make the cuts. Stop dragging this out.

Are you home office position or field sales?

 

[anonymous]

Why is it so freaking quiet!?!? Tell us already this is killing the mojo out in the field.

 

[anonymous]

Pearl Harbor was also quiet before the attack. Sleep with one eye open people.

 

[anonymous]

Pearl Harbor was also quiet before the attack. Sleep with one eye open people.

D- Day is coming sooner than you think

 

[anonymous]

The Japanese are about to activate their attack.

 

[anonymous]

Today?

 

[anonymous]

Managers know or will know who's staying or going. Calls tomorrow. Our managers had their call as well and told us we'll get a call tomorrow.

 

[anonymous]

Managers know or will know who's staying or going. Calls tomorrow. Our managers had their call as well and told us we'll get a call tomorrow.

BS…no one finds out before others. Not how layoffs work.

Troll.

 

[anonymous]

Is it just neurology?

 

[anonymous]

What’s the latest update ? When will first calls take place for layoffs ? All these jobs usually end poorly

 

[anonymous]

Managers know or will know who's staying or going. Calls tomorrow. Our managers had their call as well and told us we'll get a call tomorrow.

This is true 100 percent! Not a troll.

 

[anonymous]

This is true 100 percent! Not a troll.

wow. The internet is new to me. When someone makes an anonymous, outrageous statement and then says they’re not a troll we should trust them, right?

 

[anonymous]

wow. The internet is new to me. When someone makes an anonymous, outrageous statement and then says they’re not a troll we should trust them, right?

Agree, you are new to the internet. Of course you trust them!!!!!!