Good Article on Valeant's future

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Anonymous

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Good Article

http://finance.yahoo.com/news/valeants-ambitious-2016-goal-excites-120000219.html

Consolidation of 17 manufacturing plants down to under 10.

Merger of equals likely with another round of layoffs after that.

40 billion in sales to 150 billion means lots of acquisitions before 2016.

Plan may be good for the short term investors but it is bad for the employees and there is a serious watch list for Valeant for the long term investor as sales have to keep up with the increased payment of debt.
 






Anonymous said:
Good Article

http://finance.yahoo.com/news/valeants-ambitious-2016-goal-excites-120000219.html

Consolidation of 17 manufacturing plants down to under 10.

Merger of equals likely with another round of layoffs after that.

40 billion in sales to 150 billion means lots of acquisitions before 2016.

Plan may be good for the short term investors but it is bad for the employees and there is a serious watch list for Valeant for the long term investor as sales have to keep up with the increased payment of debt.
Click to expand...

From this article it is easy to project the potential for keeping your job at B+L in the next 3 years regardless of your position. It looks like Valeant is looking at cutting about 50% of the current workforce over the next 3 years and with a "merger of equals" perhaps even a little more.

So don't say in two years when you lose your job that Valeant did not warn you. The article pretty clearly spells out that a large percentage of the current workforce at B+L: are temporary and will not continue past a few years.
 






Anonymous said:
Good Article

http://finance.yahoo.com/news/valeants-ambitious-2016-goal-excites-120000219.html

Consolidation of 17 manufacturing plants down to under 10.

Merger of equals likely with another round of layoffs after that.

40 billion in sales to 150 billion means lots of acquisitions before 2016.

Plan may be good for the short term investors but it is bad for the employees and there is a serious watch list for Valeant for the long term investor as sales have to keep up with the increased payment of debt.
Click to expand...

Those aren't sales projections, they're market capitalization. Big difference - current sales are only 8-9 $B. How do you come up with 50% reduction in employees? By plant consolidations?
 


















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