If sold .... Will there be layoffs?

[Anonymous]

I am scared ! Will there be layoffs? If we are sold. Should i look for another job or keep working here?

 

[Anonymous]

I am scared ! Will there be layoffs? If we are sold. Should i look for another job or keep working here?

What do you think dipshit

 

[Anonymous]

Yes, there will be massive layoffs, are you new or even actually working in Pharma?

What a ridiculous question.

 

[Anonymous]

the day is almost here....you all should have resumes updated.
your acquirer will absolutely let a majority of you go
some will reinterview just like when we bought ista
the writing is on the wall
most likely our company will be sold, and then be sold off in pieces to maximize profits
only pharma and maybe contact lens division will stay with new company the rest will be sold individually

 

[Anonymous]

Of course there will be layoffs. You can expect to see the corporate jobs go first, most gone on the date of the transaction. Some specific jobs may get a month or two for transfer of knowledge (tax some accountants). I would expect customer service, some sales, manufacturing and even some of the business unit, non management jobs, may stay around. Not a lot of redundency in operational finance, until a unit is fully intergrated.

With that being said, I would expect a 20% reduction in Rochester work force within 60 days of acquisition. and maybe another 20% - 30% 6 months after that.

Should be fun...

 

[Anonymous]

word in sanofi will gobbel you up. layoffs in uppermanagment, still need the troops on the ground