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Layoffs will start Aug 17

Does anyone know thatoOut of the 1000, how many cuts have there been thus far? Have 500 people been impacted this far? are we 50% there?

They haven't disclosed any numbers but just looking around, doesn't look like it's 500 people. If the cuts are by level, seems like the most cuts will be at the bottom since that's where most people are. the people who do the work.
 












They haven't disclosed any numbers but just looking around, doesn't look like it's 500 people. If the cuts are by level, seems like the most cuts will be at the bottom since that's where most people are. the people who do the work.

this isn’t just the US: global, virtually every single person gone. This is BIR, already many cut - this is ECP - cut and the US. we’re at roughly 700 positions to date.
 








So basically live with this cloud over you for the next 2 years. Makes sense. Got it.

With an added bonus for Biogen that anyone who leaves by their own choice just cuts salary spend without layoff costs.

Win. Win

You get a better job at a better company. Silent killer claims savings. And the only cost is your misery.
 




















Does anyone know thatoOut of the 1000, how many cuts have there been thus far? Have 500 people been impacted this far? are we 50% there?

What makes you think it is still only 1K cut as the end goal? That number was released about 2 weeks before Sage’s MDD was rejected and given a CRL. There’s a chance it could now be much higher and they’re not going to tell you
 




What makes you think it is still only 1K cut as the end goal? That number was released about 2 weeks before Sage’s MDD was rejected and given a CRL. There’s a chance it could now be much higher and they’re not going to tell you

Viebacher is like a nefarious little gardener and Biogen is his rose garden. Always pruning, always trimming. As long as the gardener is around, there will be cuts.
 












What makes you think it is still only 1K cut as the end goal? That number was released about 2 weeks before Sage’s MDD was rejected and given a CRL. There’s a chance it could now be much higher and they’re not going to tell you

It will be more than 1k. Way more. Brace for impact.
 




What makes you think it is still only 1K cut as the end goal? That number was released about 2 weeks before Sage’s MDD was rejected and given a CRL. There’s a chance it could now be much higher and they’re not going to tell you

It will be more than 1k. Way more. Brace for impact.
 
















The atmosphere in the office is not great it feels like a funeral home. Everyone just looks defeated.

The beatings will continue until the morale improves.

This is what happens after 6 years of terrible leadership. Karma comes for biogen as a whole but never falls on the golden parachute failing up leadership. That is true injustice.