Stefan Oelrich email







What is the purpose of spacing out layoffs? Wasn't on the call & wondering if there is a business reason.

Probably because one major layoff across franchises would be too chaotic. If I had to guess ex-US impacted first, then US.

Bayer HealthCare is based in NJ and is legally obligated to disclose layoffs. Google NJ Warn Act. So far no notices have been posted.
 












Yes, Stefan very clearly let us know that every 90 days someone else will be getting cut.

For example, if they announce this October that there will be layoffs in some specific division …then those specific reps could be notified around Xmas, with an effective date in January (the reps wouldn’t go into the field, they’d just be paid for Jan- then gone in Feb). That’s exactly what happened in my last layoff at another company

However it happens….we have 5 90-day periods and Sebastian said there would be change in each one. So, we have rounds and rounds and layoffs from now until the end of 2024
 


































































Hopefully Stephan is the first one cut. What a waste of space and money he is

Yes, Stefan very clearly let us know that every 90 days someone else will be getting cut.

For example, if they announce this October that there will be layoffs in some specific division …then those specific reps could be notified around Xmas, with an effective date in January (the reps wouldn’t go into the field, they’d just be paid for Jan- then gone in Feb). That’s exactly what happened in my last layoff at another company

However it happens….we have 5 90-day periods and Sebastian said there would be change in each one. So, we have rounds and rounds and layoffs from now until the end of 2024