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I understand the psychological negative impact of facing the unknown for months. But I need my paycheck. A couple extra months to figure out if you want to play the odds and can survive on the severance or if you can find another job while still employed is a good thing. Many haven't interviewed in years and this gives them a chance to network while they are still active in the field.

There's risk and benefit to Novartis too. With this much advance notice, it's more likely they will lose the best people. But they will pay less in severance too.

I was here through the oncology cuts. I've never been with a company that worked harder to find people other opportunities with the company or any company they work with. Christi said she plans to look at any gen meds people for any openings.

The layoff sucks. The market sucks. But an extra two months notice to prepare for possible layoff? In genmeds, the group who will have the worst time finding a new job? Overall a good thing.

I vote April.
 






Anonymous said:
I understand the psychological negative impact of facing the unknown for months. But I need my paycheck. A couple extra months to figure out if you want to play the odds and can survive on the severance or if you can find another job while still employed is a good thing. Many haven't interviewed in years and this gives them a chance to network while they are still active in the field.

There's risk and benefit to Novartis too. With this much advance notice, it's more likely they will lose the best people. But they will pay less in severance too.

I was here through the oncology cuts. I've never been with a company that worked harder to find people other opportunities with the company or any company they work with. Christi said she plans to look at any gen meds people for any openings.

The layoff sucks. The market sucks. But an extra two months notice to prepare for possible layoff? In genmeds, the group who will have the worst time finding a new job? Overall a good thing.

I vote April.
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Well said!!
 












Every month that goes by before the layoff is a month you'll have more income than you are going to end up with (most likely). Enjoy half assing your job and making more money for a few more months. Use the time to network and build that resume. That's what I say.
 












Anonymous said:
I understand the psychological negative impact of facing the unknown for months.

I was here through the oncology cuts. I've never been with a company that worked harder to find people other opportunities with the company or any company they work with. Christi said she plans to look at any gen meds people for any openings.
Click to expand...

I like Christi, I want to believe her, but trusting her is hard for several reasons.
1. well intentioned comments get negated by other business reasons
2. she doesn't control the destiny of her division - the Swiss and other outside forces do
3. fears of litigation keeps them from offering early retirement to those willing
4. management asking me to trust them is one sided, they don't offer legal protection
5. HR serves the company, not me

I appreciate any efforts to let me know ahead of time that my position is at risk - the earlier the better so I can prepare the resume, be actively speaking to recruiters even if I don't get a lay off phone call.
 






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