Roche feels Genentech is like a cancer on a body of Roche. Outlived its usefulness and is going by inertia. Many opportunists hang around and look busy. This is natural feed for toxic work environment. Next year Roche will make some move in this regard.
Stock volatility reflect the chaotic management style. The short term or daily investors welcome this since they can experience stock price changes within a few percent almost every day. As in old saying, chaos can provide opportunity.
Good performers after being hired are formed using the Roche mold and after a few years they become average or worse.
They will take this new normal with them when they change employment.
Ills of foundations combined with unexpected success.
Filling illusionary positions around foundation main location and at the same time experiencing manufacturing problems.
