A WARN notice filed in March in New Jersey indicated that 75 people would lose their jobs in Lawrenceville between now and early December. The first wave of cuts was scheduled to take place Monday, and several posters on a Reddit thread suggested that people were in fact let go this week.
https://www.biospace.com/article/bms-initiates-first-round-of-layoffs-in-new-jersey/
Evil evil people. Laid off people and are asking them to apply for the same jobs and go through the hiring process. Excellent individuals will not be able to apply as they work from home. Mediocrity will rise because of adamant behavior. If the applicant has applied for a certain level, any job or even lower level job can be offered. Once lower level job is offered without their knowledge and the applicant does not accept, they will lose severance. Investigation is required in these activities and fines need to be imposed for such lowly treatment of people. There is no legal or compliance oversight. Rules are being made as the questions come up. Mental health imbalance may occur for those who don’t get hired or those who get hired and will be thoroughly overburdened.
Flattening the structure is a myth. There is hardly any intelligent information or discussion at the top. The knowledge and understanding is basic at best. The job now is to layoff and talk stupidity in large meetings. Laying off people is not a job. The job is to show expertise and strategy in the subject and function which is non existent. Strategy is also expected from lower roles so the top can all just sit and collect big fat paychecks. The expertise is in agreeing quickly to kick people out. If you fight for your people, then you are gone and that’s the only flattening at the top. Better yet, dump all your people when you know there will be a layoff, secure another safe position internally for yourself and run off like your pants are on fire. Ugly, weird, intelligent, opinionated, old and simple folks will be gone. Models, yes man, no brains, must talk and look like a super fast sleek jet are all in. Stocks went from 80 to 40 and they are still getting rid of people who are lower on the totem pole. Workers make the company and not those who just sit. Jealousy for work from home is so high that showing up and just hanging around and chatting will get you everything as opposed to slogging. Something is inherently wrong here.
Hundreds across Manufacturing, R&D, Medical, HEOR and several other functions from PPK, rest of the US, Switzerland and the UK. Morose environment and low morale among survivors. Clinical and commercial next. Then it starts all over again for all areas.
Lot more than 75. This is a fact. A strategy is non-existent. Every earning call that shows profit is based on the lives of people that have been let go and not the products. Logic that comes from expertise and experience is missing. People have removed their brains and hired someone to suggest what changes can be done. When it is your home and you bring an outsider for decisions, the home will not last long. The structure needs to be razor thin at top with those who have real abilities to strategize and think. Most are just trying to save their own jobs by eliminating people without voices. Consulting and hiring new people at the top to remove people is easy because when you hire a person not connected to this company, it is to their benefit to remove people that might be in their way. What a great time to be hired as a SVP at BMS and to be told your job is not to provide and use your expertise but to kick people out. Wow that is great. The d-mb SVP got his or her way. No need to work. Let’s just remove people who will hold me accountable and cause problems. I will hold everyone accountable but no need for me to be accountable. I can just kick people out and overburden the id--ts who stay. Ok, I did my job of showing people the door, now I am going to the gym. Fools paradise. That is what it is now.