Massive layoffs planned in Pharma?

Quote
anonymous said:
For the people not in Basel, we witness an unbelievable scene this week in Basel at the GDO breakfast.

Badhri Srinivasan started by congratulating the teams for their great performance at Q1, and then one associate from development asked him many questions about his strategy, I think he was not expecting that we saw his shitty strategy coming, below a summary of what he said:

- He want to send a maximum of job in India, and if a job cannot be send there, he wants a strong rational for it.
- People will be fired, he will start by BIO-METRICS in May/June, but I don't think he will stop there, finance, clinical management, monitoring and al should follow in a near future, he confirmed in front of everyone, it was coming from nowhere... this guy is a moron.
- They made an audit in INDIA, and it was great, my god these 50K$ are genuis, maybe Badhri should consider offshore himself there, he would make smarter decisions...
- Now it is official, we are a CRO, CRO are the best, really they are, they are great, this is amazing, "CRO is the benchmark" he said, this dumbass will have big surprises between his cro and india strategy
- He saved already already 68 millions to the company, because he's a cowboy and that's what cowboy do, here's an idea Badhri, if you send the whole campus in India you can save shitloads of money before it crashes !!!

So, to summarize, 2 strategies: you wait for one of the biggest failure you will see in pharma history and try to survive till this piece of garbage is gone OR you leave now before blood and tears come.
Click to expand...

Inspired leadership
 




anonymous said:
For the people not in Basel, we witness an unbelievable scene this week in Basel at the GDO breakfast.

Badhri Srinivasan started by congratulating the teams for their great performance at Q1, and then one associate from development asked him many questions about his strategy, I think he was not expecting that we saw his shitty strategy coming, below a summary of what he said:

- He want to send a maximum of job in India, and if a job cannot be send there, he wants a strong rational for it.
- People will be fired, he will start by BIO-METRICS in May/June, but I don't think he will stop there, finance, clinical management, monitoring and al should follow in a near future, he confirmed in front of everyone, it was coming from nowhere... this guy is a moron.
- They made an audit in INDIA, and it was great, my god these 50K$ are genuis, maybe Badhri should consider offshore himself there, he would make smarter decisions...
- Now it is official, we are a CRO, CRO are the best, really they are, they are great, this is amazing, "CRO is the benchmark" he said, this dumbass will have big surprises between his cro and india strategy
- He saved already already 68 millions to the company, because he's a cowboy and that's what cowboy do, here's an idea Badhri, if you send the whole campus in India you can save shitloads of money before it crashes !!!

So, to summarize, 2 strategies: you wait for one of the biggest failure you will see in pharma history and try to survive till this piece of garbage is gone OR you leave now before blood and tears come.
Click to expand...

To clarify, this guy didn't mean to spill the beans but didn't know how to address a direct question? Dosent bode well for the future
 








Given the original post was in Nov, either this is one of the most poorly managed layoff rounds ever or just by chance if you wait long enough layoffs will come in pharma.
 












anonymous said:
Again we've been hearing this since November. It seems pretty clear DM and Stats/Programming will be affected from the massive number of rumors going around, esp those within those Line Functions. But what else is on the block to equate to "massive"?
Click to expand...

Shouldn't this been on the IT forum. Moving some tech jobs to India dosent sound like the worst idea.
 




anonymous said:
Shouldn't this been on the IT forum. Moving some tech jobs to India dosent sound like the worst idea.
Click to expand...

Thats what you would think. You should see the fucking horrors of database building, programming and report generation that come out of that place. Our US based analysts go on suicide watch anytime they have dive into those swamps to figure out whats wrong.
 




anonymous said:
what was the long island situation?
Click to expand...

It's either the CV2's three Blond Mice situation or the former Long Island rep that has a lawsuit against Novartis for the "sham" programs they claim were happening. Many Long Island doctors that were speakers for Diovan had been contacted by lawyers about this lawsuit. I think the case is happening soon or they are hoping Novartis settles.
 




















anonymous said:
All US DM and Stats Reporting gone to HYD. They'll never learn.
Click to expand...

Didn't you hear?!? They "learned" from the past and HYD is much more senior now. So there is nothing worry about. These trials are in capable hands. Guess of course something abnormal should arise. Which NEVER happens on onc trials.
::please note this is dripping in sarcasm::
 




























Top Bottom
Back
Quote