Celgene Layoffs to be Massive!!!

i worked at celgene and couldn’t be happier this happened..the president of the I&I division was a joke and if your territory didn’t have good volume you didn’t stand a chance. We would complain but he didn’t care. Karma is a bitch good luck chumps
 






i worked at celgene and couldn’t be happier this happened..the president of the I&I division was a joke and if your territory didn’t have good volume you didn’t stand a chance. We would complain but he didn’t care. Karma is a bitch good luck chumps

Couldn’t have said it better! Celgene put together the most unequal territories they could! set most up to fail. But you won’t hear me complaining, getting great $$$ for nothing now
 






i worked at celgene and couldn’t be happier this happened..the president of the I&I division was a joke and if your territory didn’t have good volume you didn’t stand a chance. We would complain but he didn’t care. Karma is a bitch good luck chumps


I worked at I&I. I took over a low ranking territory. I am essentially a bikini model. The so called "no see" docs in my territory see me.

Every NSM and at other times, I am told that my example is citing as what can happen when someone takes over a low performing territory.

For some reason, they never add:

I live in one of the fastest growing metro areas in the world: Houston
I have some of the best managed care access this side of utopia
I am hotter than the surface of the sun
My numbers are largely driven by 5 docs
 






And let me guess the 5 docs are “speakers”, this job is a joke and should be investigated. Enjoy your sexual favors as well prostitution

I worked at I&I. I took over a low ranking territory. I am essentially a bikini model. The so called "no see" docs in my territory see me.

Every NSM and at other times, I am told that my example is citing as what can happen when someone takes over a low performing territory.

For some reason, they never add:

I live in one of the fastest growing metro areas in the world: Houston
I have some of the best managed care access this side of utopia
I am hotter than the surface of the sun
My numbers are largely driven by 5 docs
 






They will maybe offer you a very inconvenient territory in another state, if you decline it package is gone. Also buhbye Derm, non essential, not worth keeping. Don’t say I didn’t tell you

I hope you’re right to be honest. I work on the Derm side and was actively looking for a new job before they announced the merger. My territory is terrible and they haven’t done anything new with Otezla in almost 4 years. I’m actually praying I get laid off so I can collect the amazing severance package they are offering. Already have a job lined up thank god.
 






i worked at celgene and couldn’t be happier this happened..the president of the I&I division was a joke and if your territory didn’t have good volume you didn’t stand a chance. We would complain but he didn’t care. Karma is a bitch good luck chumps

I work here now and couldn’t agree more. I hope I get laid off and leave with a chunk of money. My territory is impossible. I went from pres club to nothing because this volume shit is so ridiculous. Unless u call on 150 docs you have no shot. So many people are unhappy unless you are a Texas rep. The reps with 50-60 docs can’t comoete. Territory alignment is a joke. N yes so many people have brought this logical point up and they could care less.
 






ZS associates guy here who is called in during reorganization and M & A efforts. To be clear, I'm not involved/contracted for this deal.

I can tell you in other deals I've done there is a common theme affecting the acquired:

Managed care teams first to go
Research last to go
Field employees (managers,reps,other) with a base salary 150k or higher first to go.
Buildings/material assets take 1.5 years to shop off.
Companies try to seal the deal quick as they know employees will fart around. You can bet deal is done 2q not 3q. They must provide a mass layoff [WARN] act 60 days prior to your last day.

Tip- if you feel you are at risk and get an offer elsewhere, don't deny and wait for severence. Accept the job, call HR and ask for an "accelerated separation agreement". You can still get the other job and your severence. Believe me, they want people off the books voluntarily, call it hush money.

Feel free to post any questions....and to clear up rumors, Merck let 72% of SP employees go in that deal.

If you stay on, read your benefits wisely! Legacy BMS reps will have their same modeling and you might have a post merger version B which is not the same.

Read the fine print, not here on CP but from your HR department.

Good luck, you will get through this.

This is really helpful! Thank you!
 






























So what is going on? Will the buyout happen? Don’t see how one individual investor or a few BODs can stop this against the masses that will vote YES.
It better happen! I really want to see both of the Celgene facilities on Morris Ave close up! Buying the 88 acre campus a few years ago was an example of arrogance and too much cash coming in from pricing Rev so high. This was actually the final straw that has sent Celgene on a downward slide. Too many arrogant people at all levels! You deserve to be put in your place. Bring on BMS and let the games begin! Too the good people at Celgene, I hope it works out for you.
 






It better happen! I really want to see both of the Celgene facilities on Morris Ave close up! Buying the 88 acre campus a few years ago was an example of arrogance and too much cash coming in from pricing Rev so high. This was actually the final straw that has sent Celgene on a downward slide. Too many arrogant people at all levels! You deserve to be put in your place. Bring on BMS and let the games begin! Too the good people at Celgene, I hope it works out for you.

Huhhhhhh???? Clearly you're a troll. The Summit West campus is for manufacturing. You are a pump
 


















i worked at celgene and couldn’t be happier this happened..the president of the I&I division was a joke and if your territory didn’t have good volume you didn’t stand a chance. We would complain but he didn’t care. Karma is a bitch good luck chumps

Hit the nail on the head! Inequitable was an adjective of choice. This division was like a giant high school prom committee lead by womanizing dirtbags. Arguably, I&I will be known as the biggest embarrassment of a division ever. Please let my path cross with some of these douches as they are looking for jobs.
 






CEO etc are all weak.

Ive been complaining for awhile that its a conflict of interest that Alles was on the BOD and also the CEO.

Then he shops us out to another pharma company JUST as I get promoted to a job with 30k equity grants each year.

And he walks with more money than Ill see in my life.
 






It better happen! I really want to see both of the Celgene facilities on Morris Ave close up! Buying the 88 acre campus a few years ago was an example of arrogance and too much cash coming in from pricing Rev so high. This was actually the final straw that has sent Celgene on a downward slide. Too many arrogant people at all levels! You deserve to be put in your place. Bring on BMS and let the games begin! Too the good people at Celgene, I hope it works out for you.


BMS wont be any different.

Senate hearing on high drug prices explained everything theyre going to do to remedy high drug list price.

Basically? Get rid of PBM rebates that pass on most of the cost to the patients.


What this means for us? Not much other than higher premiums every month for health insurance.