anonymous
Guest
anonymous
Guest
Does anyone know or has anyone heard what the % of layoffs will be for the sales force of combined companies?
Anyone's guess, but expect cuts at Shire, as well. As for the timing, by end of Q1.Does anyone know or has anyone heard what the % of layoffs will be for the sales force of combined companies?
Does anyone know or has anyone heard what the % of layoffs will be for the sales force of combined companies?
Not sure the percentage, but I believe the original announcement was 3000 total US based jobs including home office and sales. If you do the math it could mean upwards of 50% reduction in sales jobs. Blood bath coming.
I heard cuts will be heavily weighted to be from Takeda. I have to laugh when we are told to remember that we are buying Shire and it's not the other way around because everyone knows that in Japan they viewed us as getting ourselves into this mess and want Shire leadership to take over. We have no pipeline and their's is robust. We dropped the ball and they are solid. Believe me, most cuts will come from our side not shire.
With the move to Boston, Deerfield will be hit the hardest. If you're not offered or refuse to move, you're out. My guess is about 80%.
Field based will probably see about 30% cut, with the older, more expensive reps most vulnerable.
Remember it's not all about duplicate positions or "synergies" as there is a major cost burden that leadership has to deal with.
While scary, remember that there is a lot of opportunity out there.
Good luck!
Really? Have you been on the SHIRE WEBPAGE and read about their management team? They would have never been up for sale if those plucky individuals knew how to navigate that financial sinking ship.
Since last year there have been @60 territories dissolved in field base. Will those positions (obviously not being back filled) a part of the so called 30% cut?
I’ve posted before. It’s going to be right around 20% sales cuts.
Unfortunately the sales force never has any idea what goes into the decision making.
Anyone on plan/warning letter gone
Bad 9 box placement gone
Takeda NSS good
Takeda GI good
Shire rare disease good
The big question is shire vs Takeda PC reps.
Anyone can sell a NSS drug. There’s not much actual “specialty” to it. It’s going to be filled primarily by good standing Takeda reps and then shire reps will be sprinkled in as needed.
Filling and restructure and management alignment is going to be interesting.
I’ve posted before. It’s going to be right around 20% sales cuts.
Unfortunately the sales force never has any idea what goes into the decision making.
Anyone on plan/warning letter gone
Bad 9 box placement gone
Takeda NSS good
Takeda GI good
Shire rare disease good
The big question is shire vs Takeda PC reps.
Anyone can sell a NSS drug. There’s not much actual “specialty” to it. It’s going to be filled primarily by good standing Takeda reps and then shire reps will be sprinkled in as needed.
Filling and restructure and management alignment is going to be interesting.
Right....and we weren’t their first offer either....nextThere wasn’t a giant “for sale” sign on Shire you idiot. You don’t know shit about publicly traded companies.
You meant, “NEXT!” ...as in you, next in line for the cut.Right....and we weren’t their first offer either....next
Clarification - Takeda Entyvio reps good. Takeda GI is heading to the morgue.
Thoughts on the “new” CIC drug? Still cutting Takeda pC GI?
Why the animosity, bro? Try getting into the holiday spirit, PEACE!You meant, “NEXT!” ...as in you, next in line for the cut.