NO IPO or SALE for three years

[Anonymous]

After a year of talking to the press about an IPO or Sale the CEO has decided that there will not be an IPO or Sale of the company for possibly another three years.

So what does B+L need to do in the next three years to prepare the company for an IPO? With this second chance to make the company work consolidating the company to lower costs would be a good place to start. Get all Pharma in one place. All Vision Care in one place and all of Surgical in one place. Eliminate job duplications. Layoff poor performers and people that do not have the job skills that will be needed to get the company back on its feet.

There is a lot that can be done before filing an IPO. If growing the company is not working than cutting costs to make the company as efficient as possible would be a good place to start to prepare for selling this company to the investment community with its IPO.

 

[Anonymous]

A rolling stone gathers no moss. B+L looks like the same company that was in place 5 years ago.

 

[Anonymous]

A rolling stone gathers no moss. B+L looks like the same company that was in place 5 years ago.

Same Rock with a lot more moss.

 

[Anonymous]

By all metrics this company has failed. Maybe the next three years WP will hire a real CEO to turn this thing around.

 

[Anonymous]

where did CEO announce this.
good news for reps. job security.
bad news for reps. same old same old.
Rx desperately needs real leadership.

feel bad for you with so little opportunity in ophthalmics right now.
most of you will be stuck there. Be happy to have a 6 figure job I'd say in this economy, no doubt.
Is Rx still micro managed up the whazoo. PS/KK metrics were killer when I was there. so happy I got out and moved up when I did right when they came in. top recruiters in the field have nothing right now. be glad IPO and sale fell through if true.