How long?

anonymous

Guest
Realist here... How long do you think AZ can maintain a sales force the current size, with everyone working from home? Serious question. Guesses? A month, a quarter?
 












As long as it takes, unless you think they would scrap the current model all together ( highly doubtful because that would mean the end of countless middle and upper management jobs). The cost of severing thousands and rehiring thousands in a few months would be astronomical.
 
























All of pharma is in this together, short term we are good, 4-8 weeks, anything longer then that all jobs across the industry are in trouble without a doubt! Just business.
 




All of pharma is in this together, short term we are good, 4-8 weeks, anything longer then that all jobs across the industry are in trouble without a doubt! Just business.

Treasury Secretary Steven Mnuchin said lockdown will last at least 10-12 weeks until early June. Anyone who thinks layoffs won't occur are delusional. Our company and industry will look very different when this all shakes out!
 




they have enough cash to pay us for several years, easily.

Stop listening to liberal media telling you all pharma companies have unlimited amounts of cash! AZ doesn't have as a strong of a balance sheet as you might think! This company cares only about shareholders so let me break it down for you.....

A safe level of net gearing (net debt to equity) on the balance sheet is generally considered to be 50 percent or less. Astrazeneca’s net gearing ratio is 91.5% - above the 50% threshold.

The current ratio (current assets / current liabilities ) gauges a company’s capacity to service short term debts. A current ratio of less than one can be cause for concern. Astrazeneca's current ratio is 0.86 - below the 1.0x threshold.

Shareholders could take additional steps to analyse dividend safety by comparing Free Cashflows Per Share (FCF PS) with the Dividend Per Share (DPS). Astrazeneca generated 0.39 in FCF PS. This is lower than the dividend per share of 2.89 and indicates that the company has not generated enough FCF to sustain dividends over the past twelve months.

Dividend cuts are inevitable because this company probably cannot afford its dividend payment.

Reducing head count is one of the fastest ways to satisfy shareholders
 












Stop listening to liberal media telling you all pharma companies have unlimited amounts of cash! AZ doesn't have as a strong of a balance sheet as you might think! This company cares only about shareholders so let me break it down for you.....

A safe level of net gearing (net debt to equity) on the balance sheet is generally considered to be 50 percent or less. Astrazeneca’s net gearing ratio is 91.5% - above the 50% threshold.

The current ratio (current assets / current liabilities ) gauges a company’s capacity to service short term debts. A current ratio of less than one can be cause for concern. Astrazeneca's current ratio is 0.86 - below the 1.0x threshold.

Shareholders could take additional steps to analyse dividend safety by comparing Free Cashflows Per Share (FCF PS) with the Dividend Per Share (DPS). Astrazeneca generated 0.39 in FCF PS. This is lower than the dividend per share of 2.89 and indicates that the company has not generated enough FCF to sustain dividends over the past twelve months.

Dividend cuts are inevitable because this company probably cannot afford its dividend payment.

Reducing head count is one of the fastest ways to satisfy shareholders
Just about every company and every individual with a lot of debt relative to income and/or assets is totally in deep shit about right now. There is no real safe haven. As a society we have built a house of cards, and it’s over. Good Luck to all; its the big one.
 




Treasury Secretary Steven Mnuchin said lockdown will last at least 10-12 weeks until early June. Anyone who thinks layoffs won't occur are delusional. Our company and industry will look very different when this all shakes out!


Good News! Pres Trump just announced we will be going back to work soon unless in a “hotspot”. Wouldn’t commit to the remaining 7 days left on his 15 day plan, but said “soon, real soon”. NYC needs additional time, but we’ve got to get moving!
 




Going back in in the field in 2 weeks is a HARD NOPE here.

"anonymous, post: 6371566"]Good News! Pres Trump just announced we will be going back to work soon unless in a “hotspot”. Wouldn’t commit to the remaining 7 days left on his 15 day plan, but said “soon, real soon”. NYC needs additional time, but we’ve got to get moving![/QUOTE]
 




Good News! Pres Trump just announced we will be going back to work soon unless in a “hotspot”. Wouldn’t commit to the remaining 7 days left on his 15 day plan, but said “soon, real soon”. NYC needs additional time, but we’ve got to get moving!
That’s great news, unprecedented, never been done before, great relationships, plenty of tests, I’m really good at this the doctors are amazed, lots of pent up demand, economy will take off like a rocket, market to all time highs, blah blah blah he is your fucking president, feel better now?
 




Returning to the field better not be true..i have elderly parents who are at great risk of succumbing to this awful disease! my husband and i are old enough to be considered high risk ourselves!! heck, most of us AZ employees are in our 40s, 50s, or 60s and even young and otherwise healthy people are dying in our country from this!! a 39 year old new orleans woman who was tested for coronavirus was found dead by her partner in their kitchen just days later before her results came in. a healthy 30 year old man died from coronavirus last week too. this has already happened countless times and stories like this will grow exponentially by the day with our loved ones of all ages dropping dead if we don't keep reps out of the field to prevent spread. COVID 19 is expected to kill a minimum of tens of thousands of americans!! what will change by april, may, or june?? nothing!! if anything this pandemic will be PEAKING at the dates you mentioned. don't listen to the president's false optimism. he is primarily interested in the economy and his reelection campaign. consequences will be DIRE! this is NOT the flu as many ignorant people claim it is. it is a completely different and far more lethal novel virus!! this hell is only just beginning in the us over the next 12-18 months..i agree with the suggestion that the company should offer us separation packages so that we do not have to risk our lives and the lives of our loved ones. our place of business is a breeding ground for COVID 19!! massive lawsuits waiting to happen! if the company is smart it should consult with legal and offer a generous separation package for employees with deep and valid concerns about returning to the field, with the understanding that those who refuse the package are acknowledging the risk of contracting this disease while on the job..maybe have those who decline the package sign a waiver accepting the potential risk..according to the occupational safety and health act's general duty clause, employers are required to “furnish to each of his employees employment and a place of employment which are free from recognized hazards that are causing or are likely to cause death or serious physical harm to his employees.” this would go a long way in protecting this company from the inevitable massive liabilities from coronavirus deaths that could have been prevented!! i am close to retirement so i would definitely take the package and peace of mind! my family and health come first !! do the right thing AZ !!!