Layoffs in CV before the year ends

[anonymous]

That’s right. That’s all I’ve been hearing. CV layoffs coming to a theater near you. Before the year ends. Leqvio is a failed drug. Entresto how generic soon

 

[anonymous]

there's no need for layoffs now...everyone has already left.

 

[anonymous]

Honestly all they really need is about a hundred of us

 

[anonymous]

That’s right. That’s all I’ve been hearing. CV layoffs coming to a theater near you. Before the year ends. Leqvio is a failed drug. Entresto how generic soon

Who are you hearing this from?

 

[anonymous]

Honestly all they really need is about a hundred of us

Sad but true

 

[anonymous]

Who are you hearing this from?

Duh, he said everyone

 

[anonymous]

Honestly all they really need is about a hundred of us

Not happening, investors would freak. They still think we are important.

 

[anonymous]

You sheep will not see 2024 at the size you’re currently at. Holiday cuts are coming.

 

[anonymous]

Not happening, investors would freak. They still think we are important.

If they thought we were important they wouldn't fuck you on your bonus.
And they would pay you an industry standard salary.
Investors will freak when they come to terms with what a hellscape the Leqvio launch has been.

 

[anonymous]

Not happening, investors would freak. They still think we are important.

Addition by subtraction. Investors won’t see the cuts, they will have their eyes on the bottom line, and there will be a huge credit back to the bottom line when they stop paying for us

 

[anonymous]

layoffs already started quietly

 

[anonymous]

layoffs already started quietly

Where? My area just hired a new rep.

 

[anonymous]

renal

 

[anonymous]

renal

Renal as in the newly created division? How is that possible?

 

[anonymous]

Not happening, investors would freak. They still think we are important.

Maybe not 100, but more than likely we only need half the people.

Shareholders will want to shed the heaviest expense of all. The sales force. They don’t need everyone when they’re going to lose the Entresto next year.

 

[anonymous]

They are acting like they are hiring but they are not. Look at all the positions on brass ring they aren’t being filled. I work in a part of the company where there are 70 or more applications for each job but nothing is happening. New leader = new people. Change is coming,
If you already work in cardiology or hospital you know leqvio is not a hospital drug. If you are a regular old “tas” you know leqvio is a nightmare. I pray they offer voluntary packages this time.

 

[anonymous]

They are acting like they are hiring but they are not. Look at all the positions on brass ring they aren’t being filled. I work in a part of the company where there are 70 or more applications for each job but nothing is happening. New leader = new people. Change is coming,
If you already work in cardiology or hospital you know leqvio is not a hospital drug. If you are a regular old “tas” you know leqvio is a nightmare. I pray they offer voluntary packages this time.

Are you ok? Most of the sales positions listed are in cardiovascular and they ARE filling all the vacancies. They said on a National call they will continue to fill all vacancies. They also said yes, there will be layoffs. by “they”, I mean Des.

 

[anonymous]

Pure speculation. Fact … they ARE filling vacancies so the people freaking out right now stop reading cafe pharma, people spreading rumors or speculation shut up and find a hobby

 

[anonymous]

Pure speculation. Fact … they ARE filling vacancies so the people freaking out right now stop reading cafe pharma, people spreading rumors or speculation shut up and find a hobby

As if that means fuck all. In the 2 division layoffs I have seen, they filled positions up until laying people off.

 

[anonymous]

Agree. Currently filling positions doesn’t mean anything. ‘Novartis has announced layoffs in past within months of hiring people. However, it seems like it’s business as usual until Entresto goes generic. Then it will be a an issue of how Leqvio tracking and time line of Pelacarsen launch. Novartis always keeps too many people around. Look at the last CV reorg. Could have cut double what they did. Look at the delay of the Leqvio launch. Paid people to hang out for a year. Every restructure in this company for the last 15 years I’ve been here has kept more people than needed. Right now they want to squeeze every $ they can get out of Entresto and try to right the Leqvio mess. Seriously don’t understand why they keep hiring right now but it’s the Novartis way.