Restructuring













Leadership Team....be leaders. Voluntarily take a 25% cut in your 265k + salaries and give up your bonuses , to give severance to those that you are displacing to keep your jobs.
 


















Leadership Team....be leaders. Voluntarily take a 25% cut in your 265k + salaries and give up your bonuses , to give severance to those that you are displacing to keep your jobs.

Yes, how about the employee who makes the coffee. How can you be so greedy and so uncaring not to give severance? Do you feel good about yourselves? Scrooges all of you. For SHAME!
 




































Leadership Team....be leaders. Voluntarily take a 25% cut in your 265k + salaries and give up your bonuses , to give severance to those that you are displacing to keep your jobs.

Wow! If your not planning on giving severance when you give us the boot, do you think we are not all looking? Do you think we will give you any notice when we all quit at the same time? Treat others as you would want others to treat you!
 






Wow! If your not planning on giving severance when you give us the boot, do you think we are not all looking? Do you think we will give you any notice when we all quit at the same time? Treat others as you would want others to treat you!

Houda the blow pig had said that they will retain all senior management. I would love to see them gowned up in the clean rooms. LOL
 






Houda the blow pig had said that they will retain all senior management. I would love to see them gowned up in the clean rooms. LOL

Now that her name was mentioned: she ran her last company (IM) into the ground for creating an environment of suspicion and mistrust. Pitting employees against each other encrusted with fear and crumbling moral.

Not to ever be trusted
 






Dear Leadership Team,
I know you don't care about me and I am just a number to you all. And although there will be no gifts for my children this year because you don't care enough about me to pay severance for my years of loyal service (I will not be able to pay my mortgage with the unemployment benefits, so I have to save the money I do have for Christmas to try to keep a roof over their heads) I still wish you all a happy holiday season and pray that the Christmas spirit will change your hearts...not so much for my benefit- but for yours.
God bless you all.
 












"There is a solution for Apligraf," CEO Geoff MacKay told workers in a memo sent in early December, "which we have been working on through the weekend, which includes more competitive pricing of Apligraf in the wound care market. However, the downside to this is a one-time adjustment to significantly lower revenues due to a lowering (of) the product price. In the coming days, weeks and months, we will need to adjust the cost structure of the company to reflect this new reimbursement reality. This will be very difficult to accomplish and will result in heart breaking cuts."
 


















"There is a solution for Apligraf," CEO Geoff MacKay told workers in a memo sent in early December, "which we have been working on through the weekend, which includes more competitive pricing of Apligraf in the wound care market. However, the downside to this is a one-time adjustment to significantly lower revenues due to a lowering (of) the product price. In the coming days, weeks and months, we will need to adjust the cost structure of the company to reflect this new reimbursement reality. This will be very difficult to accomplish and will result in heart breaking cuts."

"In the coming days, weeks and months, we will need to adjust the cost structure of the company to reflect this new reimbursement reality" He is telling us the timeline for the next round of layoffs....be prepared!