Sixty folks were laid off... Research and development was hit hard... This will sure give the company a temporary bump in profits, but it will cost us dearly in the long run... Get rid of experienced and knowledgeable folks so you can add more useless mooches to the board of directors... Sound like a great plan...
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http://www.ocregister.com/2017/08/28/layoffs-in-orange-county-allergan-cut-109-by-october-peregrine-pharmaceuticals-to-chop-rd-team-in-half-universal-alloy-cutting-149/
King and his cronies - what do you expect,
http://www.marketwatch.com/story/peregrine-pharmaceuticals-laid-off-one-fifth-of-its-workforce-2017-08-11