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Earnings call=layoffs

Heard the same. Severance for people and the molecule is being put to bid. Not sure it will bring much since we cancelled all the clinical trials.

What a colossal failure.
Hmm this sounds like a made up story

They just expanded

So wouldn’t make sense to lay all off

But then a lot of stuff around here don’t make sense
 
















There is something deeply unsettling about the C-suite of this company getting paid $20 million+ bonuses for failing miserably and then turning around and laying off thousands of hard working employees who are struggling to support their families.

What happened to this once great company and who is holding the leadership responsible for this mess?

"Follow the incentives and I'll show you the outcome."
 




"Follow the incentives and I'll show you the outcome."
Poor performance is blamed solely on those closest to the customer. Never a look at the dozens of leaders that rotate in and out of the jobs and have zero accountability. how can a leader be evaluated effectively if they are in 3 different jobs in 2 years? the answer: they can't
 




Poor performance is blamed solely on those closest to the customer. Never a look at the dozens of leaders that rotate in and out of the jobs and have zero accountability. how can a leader be evaluated effectively if they are in 3 different jobs in 2 years? the answer: they can't
its the perfect plan to protect their friends of friends of friends
 




How are the earnings topping expectations when hundreds are laid off every month? Which drug is business saving? Business saving means profits, stopping of layoffs and hiring on a decent level. Some of the biggest crooks are communicating messages that are not true. How is the company going to survive with incompetence at every level? How are 1.5 billion cost cuts and topping all expectations mentioned in the same line?
 




We are measured on top line performance and how we manage the bottom line. That is why it's not just possible but essential to talk about growth of business and cost efficiencies/cutting at the same time.
 




How are the earnings topping expectations when hundreds are laid off every month? Which drug is business saving? Business saving means profits, stopping of layoffs and hiring on a decent level. Some of the biggest crooks are communicating messages that are not true. How is the company going to survive with incompetence at every level? How are 1.5 billion cost cuts and topping all expectations mentioned in the same line?
It’s an extra 500M they added to cost cutting compared to the 10Q last year. They also extended the time frame from 2025 to 2026.