Just got word...

Anonymous

Guest
...of rpm cancellation & HQ link just came from Goff. Also the tentative plan is for Aliskiren reps to be trained on Exelon. Managers may have some input if they want yo make adjustments to that. Most people speculating layoffs are moved up which is obvious.
 












...of rpm cancellation & HQ link just came from Goff. Also the tentative plan is for Aliskiren reps to be trained on Exelon. Managers may have some input if they want yo make adjustments to that. Most people speculating layoffs are moved up which is obvious.

Just got the email too. I am concerned about the Jan 4th teleconference. My guess is that will be when initial layoff announcement will be made. Any other thoughts?
 






Not sure about Jan 4th call. I don't think we are ready yet. I was thinking more the end of Jan as opposed to the original date of end of Feb or first of March. I am thinking the call on the 4th is to review responsibilities of getting the Aliskiren message out to customers. There will probably be a "Dear Doctor" letter which they need the current reps to distribute. After that they will probably begin home study for the reps who have had Aliskiren only. I doubt they will get as far as sending anyone off to training with an impending layoff. I could be wrong- but just my thoughts.
 












Good advise. It seems that layoffs will occur especially now that they have cancelled the Jan mtg.

It is too bad they string us along through the holidays and them sweep us out the door jan 2012. I guess I'm on the way too Wal-mart to return the $300 worth of Xbox and games i bought in Nov for my son. Looks like I will need the extra cash now sooner than later.

I will not enjoy Christmas with this looming and can't break the pending news to my family since all are coming tomorrow. Maybe i can return the Ham and serve beans and hot dogs?

This is going too be ugly!
 






Keep the gift for the little guy! What's $300 bucks...ooops if you were an aliskiren rep that may have been your bonus for the previous quarter...

BTW - Return the Ham? Why didn't you expense it?
 






You are right. Novartis could have waited until Jan 2 to announce this and it wouldn't have ruined everyones holiday. WHat a great company to think about all its employees.

I still think the layoffs may not happen till Feb. WOuld it be that bad to not rush it.
Remember they want to get it right and not have any lawsuits. Whats 1 more month of pay and promotion cause once the layoffs are announced all sales are going out the door.
It could be when they were going to do it previous to the announcement but just on a much larger scale
 












Layoffs have already happened more in January. The meeting is cancelled since half the people will no longer be with the company.

I know that Basil had layoffs with some global development positions moved to US (environmentalist were making things hard in Basil). This caused global development layoffs in Boston. We all know PR has big layoff. Who else in US do we not know about? I know in 2010 many people were let go in EH that the field did not know about - you would call someone you had been dealing with for years and all of a sudden they were not there. Is this happening now in EH also?

For the field force I am thinking 900 by the end of Jan. I think that will include field reps and managers as well as marketing and sales support in EH. All this is part of sales and marketing which is where they have said reductions will come from.
 






I know that Basil had layoffs with some global development positions moved to US (environmentalist were making things hard in Basil). This caused global development layoffs in Boston. We all know PR has big layoff. Who else in US do we not know about? I know in 2010 many people were let go in EH that the field did not know about - you would call someone you had been dealing with for years and all of a sudden they were not there. Is this happening now in EH also?

For the field force I am thinking 900 by the end of Jan. I think that will include field reps and managers as well as marketing and sales support in EH. All this is part of sales and marketing which is where they have said reductions will come from.

Before the spelling police chime in its Basel...no worries!!

It will be more than 900 IMHO. I think with reps, managers and EH it will be more like 1500
I think there are about 2500 reps with 50% or more gone. Some pods have 5 or 6 still.
Likely will be 2 or maybe 3 per POD.
One scenario could be 1 rep has EXP and Reclast, ! rep has any CV left and 1 rep has a combo of anything depending on the volume, area etc.
Only issues will be their probably will be another downsizing down the road

These are just all speculations but Ive been around awhile and seem to have a feeling for what will happen
 






final ranking jan 23rd, year end review. After that within 1-2 weeks 1200 gone, paid through IC-2. The sad part after 2012 Exforge, Reclast gone another 600-800 gone. Just a specialty force left. Lets face it now or later but unless we buy a company no more primary force.
 






final ranking jan 23rd, year end review. After that within 1-2 weeks 1200 gone, paid through IC-2. The sad part after 2012 Exforge, Reclast gone another 600-800 gone. Just a specialty force left. Lets face it now or later but unless we buy a company no more primary force.

This sound spot on. I guess the big question will be will they give the same enhanced packages as last year . They should offer voluntary to those that want it.
 






final ranking jan 23rd, year end review. After that within 1-2 weeks 1200 gone, paid through IC-2. The sad part after 2012 Exforge, Reclast gone another 600-800 gone. Just a specialty force left. Lets face it now or later but unless we buy a company no more primary force.

A nice thought yet there is no reason to do a final review or ranking. In fact they don't want that since they would have to address a potential salary increase and have more HR issues to deal with. People will want to fight or discuss further their review and they would rather your severance be based on a 2011 salary.
 






Before the spelling police chime in its Basel...no worries!!

It will be more than 900 IMHO. I think with reps, managers and EH it will be more like 1500
I think there are about 2500 reps with 50% or more gone. Some pods have 5 or 6 still.
Likely will be 2 or maybe 3 per POD.
One scenario could be 1 rep has EXP and Reclast, ! rep has any CV left and 1 rep has a combo of anything depending on the volume, area etc.
Only issues will be their probably will be another downsizing down the road

These are just all speculations but Ive been around awhile and seem to have a feeling for what will happen

I believe you do. Very depressing. Do you have any idea when?
 






A nice thought yet there is no reason to do a final review or ranking. In fact they don't want that since they would have to address a potential salary increase and have more HR issues to deal with. People will want to fight or discuss further their review and they would rather your severance be based on a 2011 salary.

Absolutely true
NVS, under no circumstances, will perform year ends
until after layoffs for the remaining 30% of the reps