Heard that Pharm Systems is at it again. Another wave of VPs and executives leaving. Others (barely any) updating their LinkedIn profiles to "Open to Work" and probably asking competitors for job openings. Europe, US - they're flying out faster than Tom&Jerry in their private jet to Jackson Hole. The sales organization is wiped out - a printed picture memory at this point. The people who actually knew the clients, knew the product, and knew how to close - gone. Last I heard, they now have project managers hunting for device business. Let that sink in. Somewhere along the way, politics ate strategy alive. Then came the massive bonus and commission cuts - looks good on the quarterly report. The PnL is probably on life support by another travel ban. Then Services? Handed to people with 0 experience whose previous team was actually taken apart and promptly set on fire. Those of us who got out are just sitting here with popcorn, watching, and waiting for the "Pharm Systems Acquired By..." press release to drop.
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And here I am watching previous pharm systems colleagues (who were high performers but underappreciated here) being successful at their new jobs and getting promoted. Shows how much of a mess we are in for here. I wish I had left BD months ago now the job market is in the toilet and it's been difficult finding a new role...
@199 I heard at least the US sales VPs left of their own choice as evidenced by them starting other jobs within days of leaving BD. The European sales VPs seem to be a far murkier situation
Are all of these VPs leaving of their own accord, or have they been laid off?
@15a He was the last one! All gone!
VP of Sales gone
Sales VPs in Europe and US gone too!
VP R&D finally gone
The entire PMO has had a turnover with everyone leaving. Revolving door.