No layoffs in 2014

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Anonymous

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If you are one of the lucky ones who made it to 2014 everything is looking good for the rest of the year. Just stay focused on your goals and everything is going to turn out just fine.
 




































I have not heard of any layoffs in 2014 but didn't Valeant announce that they are consolidating facilities? A complete closure of a plant will be a very large layoff if it happens in 2014.
 






You should just glad to have the privilege of working at a company like Valeant. If you get let go because of redundancies at least you will know that you made the first few cuts. You made it to Hollywood but not everyone can be in the top 30 of American Idol.
 












Anonymous said:
You should just glad to have the privilege of working at a company like Valeant. If you get let go because of redundancies at least you will know that you made the first few cuts. You made it to Hollywood but not everyone can be in the top 30 of American Idol.
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What a crazy place to work. Hopefully this post is correct and there are no more layoffs. Two layoffs in one year is enough. Please leave it be and don't layoff in 2014.
 






Valeant is not revealing its plans for layoffs in 2014. Based on the fact that there are virtually no job postings on the company website you might expect that if there is another round it is going to be massive.

Any rumors on the timing of the next cuts? Where and how many?
 






Anonymous said:
Valeant is not revealing its plans for layoffs in 2014. Based on the fact that there are virtually no job postings on the company website you might expect that if there is another round it is going to be massive.

Any rumors on the timing of the next cuts? Where and how many?
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End of March. Another chunk of R&D (hey who needs products anyway). There will be a greater reliance on contract labor. Good luck to all and enjoy the Olympics!
 






Anonymous said:
End of March. Another chunk of R&D (hey who needs products anyway). There will be a greater reliance on contract labor. Good luck to all and enjoy the Olympics!
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Wow, another large scale layoff in R&D. R&D already if composed of a lot of people that monitor outsourcing. To cut costs you could give more responsibility to the project managers by having them outsource directly instead of going through a company middle man. A lot of companies follow this kind of model to keep costs down. Functional managers that do not run their own labs are really just unnecessary extra layer of management.
 












Anonymous said:
Wow, another large scale layoff in R&D. R&D already if composed of a lot of people that monitor outsourcing. To cut costs you could give more responsibility to the project managers by having them outsource directly instead of going through a company middle man. A lot of companies follow this kind of model to keep costs down. Functional managers that do not run their own labs are really just unnecessary extra layer of management.
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If you were to benchmark the process of outsourcing you would likely find that B+L has a very expensive model for doing this. Training project managers how to outsource is relatively inexpensive (maybe $10,000 per employee). Having functional managers in the middle between the project manager and the outsourcing work is expensive ($100,000 for the manager + $50,000 for an assistant scientist + $30,000 administrative assistant) = a whopping $180,000 for what a project manager can do directly for $10,000 in training.

When a company changes to an outsourcing model doing some upfront benchmarking of efficient flow of work from the project manager to the end product (outsourced studies) can save a company a lot of money.
 




































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