Bye bye Sumitomo

[anonymous]

Who else was told to take the call at home and wait to hear from your manager? Never a good sign when asked to stay home and wait.

 

[anonymous]

Who else was told to take the call at home and wait to hear from your manager? Never a good sign when asked to stay home and wait.

Mine actually mentioned that it’s business as usual
Maybe you’re special

 

[Anyone anon]

There will be some downsizing. Opportunity to interview for mspec if available in TS area. Good luck. Answers on tomorrow's call. MSPEC has their call also.

 

[anonymous]

So you got some more optimistic news? I didn’t think so. The well is dry. There is nothing good happening to justify supporting the current manpower as we know it. Japan does not want to ruin the US Christmas spirit so reorg announcement will be made mid/late January.

This is some truth on this site. This was spot on.

 

[anonymous]

This is some truth on this site. This was spot on.

At least they had the decency to let us enjoy Christmas. I'll take the win.

 

[anonymous]

Is everyone out ? What’s severance looking like

 

[anonymous]

Is everyone out ? What’s severance looking like

Good day troll.

 

[anonymous]

This is correct. They got beat up years ago for doing a December layoff and they won’t do that again.

It’s going to be enterprise wide. ULO, Aptiom, Omnichannel, Market Access, R&D, etc. my guess…a third gone.

Mullet ran Sunovion commercial into the ground. Doubt there will be anything left, thank her. She will be sitting on her throne in Canada with her VP and will go down as the worst CCO of all time. Should be gone but will survive.

R&D built for psych assets that can’t find themselves anymore. Gone.

Gemtesa can’t compete with Mybetriq, the gave it away. Gone.

Aptiom…old, expensive, no new tactics. Gone.

Latuda hitting half its forecast…gone.

Also, way too many VP’s. Not a typical Japanese Pyramid. More like an upside down Pyramid of all VPs. Gone.

Oh…merry Christmas…Sumitomo…the gift that keeps on giving.

So true. Way too many VPs and SVPs doing nothing. There is only one team that actually generates revenue. Sales. All other functions support us. If a downsizing is happening look at all the VPs, SVPs and other functions first. If they leave, we don’t lose one dollar. Be smart.

 

[anonymous]

So what happened?

 

[anonymous]

So what happened?

If you know you know.

 

[anonymous]

Oh, I know…shitshow for women’s health

 

[anonymous]

Oh, I know…shitshow for women’s health

Me too…LTC caput gone see ya no more. Start of the end of gemtesa. Mspec took some of your specialists to eventually take it all. Walt said it all in his email

 

[anonymous]

This is true 100 percent! Not a troll.

For wh this was true. Also for ltc, this was true. Many people are out of jobs so don’t be a dick

 

[anonymous]

Well this company was way to heavy with leadership. Good the see it trimmed but coulda been more.

 

[anonymous]

Well this company was way to heavy with leadership. Good the see it trimmed but coulda been more.

Don’t worry there’s more to come. This is just the beginning of the sinking ship. Only oncology and legacy sunovion will survive.

 

[anonymous]

Don’t worry there’s more to come. This is just the beginning of the sinking ship. Only oncology and legacy sunovion will survive.

This is so incorrect, it's almost kinda funny. There is a lot of correct info posted here, but this is not it.

 

[anonymous]

What is the severance like now that it is SMPA? How many were cut?

I am not sure at all, but my best guess is the next round hitting the other areas will maybe be the end of the month? Or very early Feb? Earnings report is coming out January 31st.

 

[anonymous]

What is the severance like now that it is SMPA? How many were cut?

I am not sure at all, but my best guess is the next round hitting the other areas will maybe be the end of the month? Or very early Feb? Earnings report is coming out January 31st.

You can tell who the troll posts are on here.

 

[anonymous]

You can tell who the troll posts are on here.

Or it’s someone from another part of the company who’s trying to figure out how bad things are. You think all 1700 employees are sales reps?

 

[anonymous]

What is the severance like now that it is SMPA? How many were cut?

I am not sure at all, but my best guess is the next round hitting the other areas will maybe be the end of the month? Or very early Feb? Earnings report is coming out January 31st.

If you get downsized, HR will send you your severance material. Until then keep on keeping on as it does not really matter, correct? Also, this site is not exactly this best place to go for your career advice. Surely you have better equipped places to go for this help.