I only watched the recording and even without the chat that TH was an EPIC fail. BoD - Time to look at this CEO more closely. He claims he is Aristotle but looks more like he is Icarus. Made a huge bet in producing a lot more Paxlovid than needed even though all of Wall Street was questioning the modelling....then said would make the same decision again. 95% of downhill spent on talking about stock price and rolling his eyes at run of LLY stock price and just 2% of time with bromides on impact to employees. Spends his time going to Davos and giving media interviews and of course these same media rate it the top employer to work for....meanwhile employees don't like the direction, have low engagement but he removes many questions from the employee engagement survey so that it doesn't look so bad. Yes, CEO has to push employees to be more productive and creative but with that kind of tone deafness, no experienced employee who can see through the BS, is going to want to give it their best. Looks like Icarus also pushes is LT so hard that they have just become yes men/women.
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The Chat from today’s call
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That and the fact that they literally had a call yesterday to tell everyone there would be major cuts in every division...lol are you high?
Hahaha.."a more stable company" good luck. They are all greedy
YES. This is the period where they cause fear and many will jump ship thereby saving Pfister the severance.
Koalemos. Not Aristotle. Not Icarus. Koalemos
Anyone find a transcript from the chat? Now THAT would be a good book
2 questions
If we all return Albert's book, the one we were pressured to purchase with Pfizer's money, how much revenue would that generate?
if Pfizer is giving back the money to the government, should Albert, the board members and executives of Pfizer give back their bonuses? How much did they make in bonuses over the last 2 years?
I cannot believe the discussion around bonuses during his announcement of layoffs. Total disconnect and lack of empathy to those who are about to lose their jobs.
Anyone heard of “Dine & Dash”?
If we all return Albert's book, the one we were pressured to purchase with Pfizer's money, how much revenue would that generate?
if Pfizer is giving back the money to the government, should Albert, the board members and executives of Pfizer give back their bonuses? How much did they make in bonuses over the last 2 years?
I cannot believe the discussion around bonuses during his announcement of layoffs. Total disconnect and lack of empathy to those who are about to lose their jobs.
Anyone heard of “Dine & Dash”?
“Dumpster Fires always burn Bright”
“Will layoffs be done in a hunger games style basis?”
“may the odds be in your favor”
Seeing them genuinely laugh at a question about employee bonuses is disappointing. Its not humorous, its our hard work and livelihoods Being diminished”
michael Scott: I just logged on, what did I miss?
“Why are consistent dividends being touted when people's livelihoods are being dangled in front of them with no detail?”
I'm Tami. I made the comment "Breakthroughs that change EMPLOYEES lives" which has apparently been deleted from th chat. So I'm saying it again
#TamiforCEO
Why the heck are we not on a hiring freeze?
No respect for people about to lose their jobs.
No respect for people about to lose their jobs.
This is Pfizer, baby. Without partnering with BMS, buying Pharmacies and PK's blockbusters and billions in Covid Ca$h, we would be like Lundbeck or Sunovion. Cant make this stuff up---that town hall was like a Comedy Central parody.
As of 10/20, the share price is about to go under $30. What a joke. Count Chocula doesn’t seem to think anything is wrong.
As of 10/20, the share price is about to go under $30. What a joke. Count Chocula doesn’t seem to think anything is wrong.
Do away with his stock grants and awards. Make it all options and he’ll see it differently. As it is, he’s setting aside bucks for generations to come.
AB took over in 2019. Look at the current 5yr trend. Even with the Covid billions, we are below where he started. AB and minions remaining in charge is malfeasance by the board. Or they are in on the grift and happy to look away.
Think those who posted negatively will face repercussions? Can HR do anything?
I thought the worst “leadership” presentation I would ever see was when Kindler wanted the Wyeth people to sing happy birthday to Amy Shulman on the day of closing. I was embarrassed to be in the acquiring team coming in. Frankly the yuk it up fest this week was as bad or worse.
Maybe AB gets the same quick fate as kindler.
You silly goose, I meant within the company!
The chat was leaked to Newsweek90 online who put the employees expressing displeasure in the article and quoted the exact chat. Google it, scroll down and check it out..lol.
They dont become yes men/women. They already are. Which is why they are there in the first place. This is how Pfizer has always done things. It was almost acceptable in our heyday 30 to 20 years ago, because our products (well, Viagra and the products that our acquisitions brought in) were easily best-in-class. Now? We need the best and brightest at all levels. And what do we get? The opposite, many of whom came from Wyeth, a company we used to regard with derision back in the day.