Poll -- # of years versus if you were shipped out

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10 years over 50- 8 trips- gone- two people with 2's and 30 something still employed. Thanks Irace for setting the record straight on the right person for the remaining jobs. Shame on Sanofi- Nazi Germany would of treated people better.
 
I wonder if the dollars saved in your 401K could play a part. Can they legally see the balance? Some take advantage others don't. Some have accumulated tons through 401K and look well seasoned for retirement.

I'm over 50 and in over 15 years with many awards and still here for a few more months I figure. I found out that they are pushing out (managing out) many over 40 if they have been here a while (over 10 years), as other threads have said. Yes, they are making drive times challenging to insentivise people to leave. I feel bad for the good managers who are left and what they are dealing with. They have to drink the coolaid to carry on much of this. The company doesn't want to pay severance and they really aren't interested in the best of the best. They want attrition still. They will rehire some - where needed and for much less dollars (and they will have less benefits in the form of 401K match and vacation time and pay) They do have to balance it out by laying off younger as well, but if you watch through each layoff, they are systematically laying off the older rep's who have been in the longest (go back a few years and think through who has been let go). The only thing is if you are about 59 or older they are leaving them to retire on their own - they need a token few and again they don't want to pay that much severance and they figure most have enough saved to retire well before the standard age retirement. It is all related to the all mighty dollar. I really don't care at this point. They have ruined a great sales force.
 
Anonymous said:
I wonder if the dollars saved in your 401K could play a part. Can they legally see the balance? Some take advantage others don't. Some have accumulated tons through 401K and look well seasoned for retirement.

I'm over 50 and in over 15 years with many awards and still here for a few more months I figure. I found out that they are pushing out (managing out) many over 40 if they have been here a while (over 10 years), as other threads have said. Yes, they are making drive times challenging to insentivise people to leave. I feel bad for the good managers who are left and what they are dealing with. They have to drink the coolaid to carry on much of this. The company doesn't want to pay severance and they really aren't interested in the best of the best. They want attrition still. They will rehire some - where needed and for much less dollars (and they will have less benefits in the form of 401K match and vacation time and pay) They do have to balance it out by laying off younger as well, but if you watch through each layoff, they are systematically laying off the older rep's who have been in the longest (go back a few years and think through who has been let go). The only thing is if you are about 59 or older they are leaving them to retire on their own - they need a token few and again they don't want to pay that much severance and they figure most have enough saved to retire well before the standard age retirement. It is all related to the all mighty dollar. I really don't care at this point. They have ruined a great sales force.
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interesting.
 
Hello? You are thinking more about it then the people who enforced the program.

A) Need to lower cost will be losing the majority of blockbuster patents during last 12 months and next 24 months.

B) You hit a group of parameters or not.

C) Still have 100,000 employees left.
 
10 years and hitting the $1.50 match on the 401k
had a 3 rating and no bad evaluations
my peers were stunned i was let go
i got calls from 3 states with people wondering why i was let go
except i`m happy....had to leave to start my career
miss my friends... not the job. What a negative enviroment
 
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