Hi fellow fishes, this might be a sensitive topic but if anyone has seen a layoff in big pharma R&D, can you speak to how it happens - like do people get let-go immediately or get some sort of notice? And if there are signs of layoff coming at my company, how could I prepare for an upcoming job search? eg. What material can I retain from my old company... Obviously not actual experimental data, but are slide decks ok if I wipe away the most sensitive details like target name?

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I previously got notice of about 30 days. You don’t get to retain anything work related. But if you suspect layoffs coming, I suggest you start looking now. Dust off the resume and update your LinkedIn. Don’t wait.

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It really depends. I’ve seen 30 days to upwards of six months. There are so many factors that come into play. Culture, local laws and regulations, what work needs to wrap up, if there’s a selection process. Some companies will just let you go immediately.
Others don’t. If been fortunate that I’ve been given generous time to find something new in the past, but not every company is the same.

You cannot take slide decks or anything work related with you without approval.

I have been impacted by layoffs with a 2 month notice as well as one in which we were sent home the same day, which seems to be more common in start ups.

I see... Thanks everyone for the input! Really helpful since I'm relatively new to industry.

I'm still wondering though, how are people supposed to give an R&D job talk if they cannot present any data? Can they use dummy data to tell the general story of their research, or do they always have to go way back to grad school work?

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