When will Q2 guidance be released? Or will we wait Til 21 days before q2 closes?
Q1 Guidance 2014
- Thread starter Anonymous
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Guidance for Q2 2014
Job Searchers-Keep looking
Current Employees-If u aren't, you better start.
I am so mad at myself for not reviewing this site before joining LS. This site could not be more accurate. Where there is Smoke, there is Fire.
Get me out of here!
Job Searchers-Keep looking
Current Employees-If u aren't, you better start.
I am so mad at myself for not reviewing this site before joining LS. This site could not be more accurate. Where there is Smoke, there is Fire.
Get me out of here!
Where are you going to go? Big pharma is worse. Good device jobs are few and far between. I need some ideas on where to go myself
BIG pharma is better than this place any day of the week. Unethical dirty shit hole this place is. Full of slime
There are good jobs out there. Be sure your resume is up to date and you are networking with peers and recruiters. I know it seems impossible, when you are in an impossible situation. Keep your head up.
I even caught my manager emailing a few recruiters. That was all the wake up call I needed.
Everybody I talk to is looking. I learned the other day that if you connect with a recruiter, make sure you email them your resume. Otherwise, you are not in their database for opportunities.
While this may seem like a "no brainier" don't work with lipo contracted recruiters.
Why are you all just now looking? We've known for 6 months this place was going downhill. What idiot would take a job here?? They will be out of business soon. No ones gonna buy them when they can get same technology cheaper from Hdl. I wonder when next layoffs will be 
OP couldn't have been more accurate! Wonder when they'll have another round of layoffs?
But wait... I thought we dropped HDL not the other way around.
Spin Spin Spin
Spin Spin Spin
The hope is that by saying we dropped HDL, Lab Corp will see it as a move in the right direction and grow as a lab partner. Meanwhile in HQ we still believe and joke about Lab Corp's reps not being able to sell to save their lives.
How true! Problem is they know we feel that way and won't work with us either because of that or because we burned them by working too closely with HDL
Is there anything positive about LipoScience now? Clearly some things have happened that will be a challenge, but are people hitting goal or expecting to continue to hit goal? Can you still make money here?
I know it's a mess right now but just wondering if anyone sees all of this differently than the previous posters.
I know it's a mess right now but just wondering if anyone sees all of this differently than the previous posters.
Lower Quotas in Q1 did squat to help people make any IC $$
Q2 quotas were suppose to be higher than Q1 (I hope that changes) and we lost HDL.
We now not only compete against a lower cost more readily available ApoB, but now our largest lab partner is a competitor.
We say this opens the door for us to work with in-network labs like LCA and Quest but Quest has LDLP by Ion mobility and LCA is a very slow growth engine.
BioReference and Boston Heart are the only real growth engines and lets be honest, Boston is just a newer version of HDL. We grow through them and we will be in the same position again down the road.
All the other small regional labs have always been a waste of time as they are either not in network or the NMR is sold as a loss. Lab Reps won't make any money off our test and it actually hurts their bonus payout.
Vanteras are collecting dust so...
If I had the old magic 8 ball and shook it really really good it would say "outlook is dim"
Q2 quotas were suppose to be higher than Q1 (I hope that changes) and we lost HDL.
We now not only compete against a lower cost more readily available ApoB, but now our largest lab partner is a competitor.
We say this opens the door for us to work with in-network labs like LCA and Quest but Quest has LDLP by Ion mobility and LCA is a very slow growth engine.
BioReference and Boston Heart are the only real growth engines and lets be honest, Boston is just a newer version of HDL. We grow through them and we will be in the same position again down the road.
All the other small regional labs have always been a waste of time as they are either not in network or the NMR is sold as a loss. Lab Reps won't make any money off our test and it actually hurts their bonus payout.
Vanteras are collecting dust so...
If I had the old magic 8 ball and shook it really really good it would say "outlook is dim"
Thanks for the great response, very helpful. Making the assumption I am about to make might be the oldest mistake in the book, but there will surely be significant quota reductions if 35% of the current business is gone, right? No way to know, but maybe someone has good info or a good feel for how this company is run.
So in your opinion, growing through Boston could keep up healthy volume growth for the short term until a better option presents itself? Not all territories have a huge HDL presence so some may not be as affected by this. Company wise though, I know this was a huge blow.
you seem to know enough about the business to not need an answer from anyone. I smell a RAT
Reduction in quota for HDL loss won't be enough to make any substantial money. Everytime they have given a reduction reps still get hosed. Please reference Q1 quotas/payouts or the fact that 2013 rankings have not been released. December dash for cash payouts are unknown.
Some anger and resentment is normal. But, contant bashing becomes a way of life if one is not able to move forward. Not everyone @ Liposcience will be effected by this loss of HDL in a negative manner. In fact, some employees will get substantial rewards for picking up their efforts. If you are no longer w/Liposcience you all know bashing and venting is a short term effort to feel better. Other thwn that there really isnt anything good. Its time to move on for some folks here. Grow up.