Monday morning layoff advice







EC specifically said sales and mgmt won't be impacted but there are rumors of a contract sales team being trained - lots of uncertainty it feel like they are next on the chopping block

The package sounded ok

3 months severance
a cash bonus to cover cost of insurance
a cash bonus for transition expenses based on your level
1 year stock vesting
 












I’m sure the managers were hoping Pinto would get the boot. I couldn’t imagine reporting to him. His trickle down effect to the reps is bad enough.

Folks in my market were hoping ours would get the boot. I’m fact, many are playing the long game but will they outlast her? She makes me sad! Ow! Ski!
 
























That’s what he does. Every step of his career has been about that. He comes in and cleanse house and has a goal of cutting costs to the bone.


Everett Cunningham has absolutely no say in who goes and who stays. Accountants do that. Everett gets to announce and sell how bad he feels. The guy is a pharma rep from the stone age, that’s it.
 












Everett Cunningham has absolutely no say in who goes and who stays. Accountants do that. Everett gets to announce and sell how bad he feels. The guy is a pharma rep from the stone age, that’s it.
Not at all accurate. He creates the strategy and path forward for commercialization. I agree with the pharma rep part.
 
























Hilarious that you think a guy with a BA is making decisions for a billion dollar plus a year company.

HILARIOUS
So what is his role? He’s an officer idiot haha

The same guy with the same education was CEO at GE before coming here…you saying he was the only ceo in history to not make decisions? You’re an idiot.
 


















Honestly, sounds crazy when you say it out loud. CEO of GE with a BA
A college education is not as important as it once was. I’ve worked at a multimillion dollar organization that had a CEO who had zero college degree. Not even an Associates. He sold the company after building it for roughly 20 yrs and is set for life. Some of the dumbest people I’ve ever met are doctors haha. Look, I can’t stand Everett so I’m not defending him but a college degree has zero bearing on what makes an effective leader or businessman.