The dosing suspension comes on the heels of a layoff announcement. In June, the Swiss company revealed its plan to cut 8,000 jobs with the goal to save $1 billion. And just earlier this week, the company revealed that up to half of the 1,400 jobs... — read more
28 Job loss in San Diego NIBR yesterday, June 22 2022. Other restructuring to still follow.
I hope you have a plan in case your name is on the list since I highly doubt that any of us (other than those at the very top) are safe. I know there were people who were hoping this would not happen, but that was just wishful thinking. Good luck... — read more
Do you think there will be layoffs at Novartis any time soon. If yes, what groups will be affected?
Novartis CEO Vas Narasimhan has a plan to make the global pharma giant more profitable. And he’s starting by carving out a billion dollars-plus in costs in a move that signals job cuts from the top team on... — read more
I'll just leave this here - https://www.novartis.com/news/media-releases/novartis-delivers-mid-single-digit-sales-growth-margin-expansion-and-advancement-robust-pipeline-2021
Novartis offers competitive pay and good benefits so I think a lot of people are willing to ignore everything else that's been going on for the sake of not losing those things. There is no escaping, though, that the company's culture has shifted... — read more
Do you think there may be small/medium/large Novartis layoffs? Any chatter, news or rumors?
From what I can see, the last round of layoffs was in June and then nothing. Does that mean that we might be looking at more cuts sometime soon?
Novartis AG agreed to buy Cadent Therapeutics, a U.S. developer of treatments for cognitive and mood disorders, for as much as $770 million, amid a recent wave of acquisitions in the pharmaceutical... — read more
In case somebody is thinking that just because they are hiring right now everybody here is safe, that's not true. I know of several people who have been laid off in the past several weeks. I'm not sure if these are isolated incidents or if it's a... — read more
Where is all of this taking our communities and our company?
What's the employee headcount right now? Will it go up? Down? How many people work at Basel?
Everyone is at risk, the more you make the better chance to be on the list. This is a company wide layoff to cut costs.
This time is different for the CEO. Vas Narasimhan has to react... https://www.statnews.com/2019/08/07/novartis-faces-another-crisis-and-for-ceo-vas-narasimhan-this-time-is-different/ Novartis CEO Vas Narasimhan began his tenure with an... — read more
In solids manufacturing plant, Novartis business services and regional commercial units
Sandoz-Novartis 24 Broomfield 7/6/19-7/13/19 Closure https://www.colorado.gov/pacific/cdle/warn-listings Company Layoff Total Workforce Region WARN Date Reason for Layoff Upsher-Smith Laboratories LLC 74 Denver 5/10/2019 Closure
GDQ has been affected by layoffs here in US. Lay offs of competent employees without any rationale, no rhyme, no reason. Nobody knows the criteria. And shame on Novartis' executive management to allow something like this happening - our HR is also... — read more
Will there be any Novartis Layoffs in 2019?
Every reorg, 100s laid off. This time it's 2000... https://www.marketwatch.com/story/novartis-to-cut-2000-jobs-as-part-of-revamp-2018-09-25
Does anybody know what kind of a severance package we are looking at with these major layoffs? Somebody mentioned that the usual package has been changed and reduced, but I can't find any info on that. Any chance that's not true? It's hard to believe... — read more
Been working here for more than eight years, all I can say that Novartis used to be a great place to work, but that changed for the worse a couple of years ago to become a very stressful and exhausting environment . Don't get me wrong, we always had... — read more
Left this place about a year ago, still the best decision I ever made... I used to love working here, but man has this place changed for the worse. I really got tired of all the breaks to proper career growth, all the political games - which is... — read more
How sad is it that layoffs have become the new normal here? And it's not just the big rounds I'm talking about, I feel like I hear every week about two more people cut here or three cut there. Between that and all the people laving on their own our... — read more
The biggest issue Novartis has by far is management. We have a bunch of know-it-alls who continuously ignore every suggestion and every concern we might bring their way about their solutions to things that are ALWAYS short-term and seriously lacking... — read more
And more will follow in 2019...
I've been hearing that March 29 is going to bring more layoffs to Novartis, anybody here knows more about it?
More cuts, this is bad for everyone... Sandoz Inc. is laying off 65 employees due to closure, according to a WARN notice filed with the Colorado Department of Labor and Employment on Feb. 6. In a letter filed with the CDLE, Sandoz said it plans to... — read more
27 folks laid off. http://www.edd.ca.gov/jobs_and_training/warn/WARN_Report_for_7-1-2017_to_11-25-2017.pdf
We were notified that our Broomfield location will close within the next two years. All people will lose their jobs, the only question is who will go first and who will stay until the very end. Not sure what is better, honestly. Being let go right... — read more
Who is to blame now - things can be better but people are talking about job cuts for people located in Basel.
Now let's watch things unfold as they introduce cost cutting again - this time it'll hurt even more. I am fairly confident there will be a large job cut in less than 6 months. No insider info on this, not a rumor, just my gut feeling as I am seeing... — read more
Rumors are flying around, rumors sometimes can be true especially when they are talking about layoffs in Basel.
There is no opportunities for job growth, career development is slow. Management will promise promotions, and then they don't go through when it's needed - it's all Novartis fluff talk - nothing helps... Layoffs also happen at Novartis - my group was... — read more
I would like to let you know that not having laptops really sucks, OK? How do you expect us to sell with tablets - we need something that can crunch numbers and do some heavy lifting. Novartis is the only company that I worked for that does not... — read more
Does anyone know what kind of severance payment was distributed to Novartis sales folks that were let go in Q1. I know that numbers change and Novartis has different policies for different geographies, I am primarily interested in how folks in the US... — read more