I agree. I was hired in the inaugural training class in 1999. For the first 8 years, Takeda was the absolute BEST place to work. The culture, benefits and pay were amazing. Things went downhill after the TAP acquisition. Not because we merged. The TAP folks were great people. It began to decline because we had too many reps and we lost patent protection on Prevacid and Actos within about two years. $9 billion in sales gone and nothing in the pipeline to replace that revenue. Leadership went into protection mode. Then we had our first ever layoff in May 2010. It was a leadership bloodbath. We lost our best and brightest. The people who built the culture we all loved were replaced by corporate cronies without the experience or the perspective to help us rebuild. Seven months after our 2011 NSM, where they spent two hours telling us we would NEVER have another layoff, they let go of almost 800 more reps. Our faith in leadership was summarily destroyed and the culture we all loved went up in flames. Takeda became another big pharma. Gobbling up other companies to fill gaps in the pipeline. Life at Takeda became one big KPI algorithm exercise. It wasn’t terrible but it sure wasn’t the visionary company started by great people like Alan, Sam, Rich, Graz, Bryan and Steve.
I still have the lucite Takeda Promise block on my desk. I am forever grateful to Takeda for the opportunity to experience the culture and the success we enjoyed for so long. Takeda paid me well. Thanks to Takeda, I have been able to provide for my family, pay for my kids college and sock away enough in my 401K to retire. Sad to see this come to an end this way.