Lay offs Megathread

Mention company name (if not then at least mention size),
job location (US state, or non-US country),
job function (R&D/Commercial etc)
job level - totally optional
how big was the impact (how many folks laid off)- optional

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BMS, NJ, Commercial, more than I can count

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Merck: 6000 over the next 2.5 years.

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Big pharma have annual layoffs, even when times are good.
Small pharma / startups have layoffs when the trial results don't reach endpoint.. or experience a failure.
For everything else, there's the Fierce Biotech layoff tracker, so no need to duplicate effort here.

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One of my senior managers is a boomerang and told me she was laid off when she was 7 months pregnant about 10 years ago. I think she was a senior or manager. She was in a specific group and everybody was laid off. It wasn’t performance based.

Would you work at your company again if you were laid off?

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Joining EY soon. Should I be worried about layoffs happening supposedly in June/July?

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6 months pregnant and just laid off. And 40% of my severance was just taken in taxes .. I just spoke with paid family leave and I no longer qualify even though I had been paying into the program (thanks NY).. I already applied for unemployment but doctors are telling me I’ve got 10-14 weeks left in this pregnancy.. so stressed having twins and being unemployed, no maternity leave, no paychecks coming in, and I’ve been applying but not a single interview.. just ugh. 😭

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Review coming up. Is now an okay time to ask for a raise? Part of me is nervous if I get a raise I’ll be the first to go if layoffs happen with the way things are going right now

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Hi, received an offer from another Big4 in Amsterdam (currently working in Eastern Europe), but relocating, I’m concerned about potential layoffs in the coming period being the last to join the team.

Does Meta & Twitter layoffs, Rishi Sunak becoming PM, India lose to England in t20 really matter to us individually?

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Did BCW NY just layoff it’s EA staff?! Seeing a bunch of these names on Connect and very upset that great people were let go!

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Ratings on three projects - 3,2,2. Utilization - 90%... Proposal hours - 15... Firm activities - 43 hrs... I then get a YE rating of 4 😕 ... How worried I should be regarding the layoffs???

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Any word on layoffs at JPM?

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Who’s negotiated severance? Any tips?

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Hi AWS fishes. How bad are layoffs at Amazon? Hearing news of more than 10000 people getting laid off. Are they happening within AWS as well? I am about to join AWS in few weeks and getting bit worried considering the situation. Thanks.

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Hi everyone...

My role was impacted as part of the layoffs in my last Org.. bitter truth to digest.

So I am looking for a new role and I would appreciate your help and support.

Can anyone share Hyderabad or Remote based PM/ Sr. PM jobs.

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Confronted client today about partner forcing us to travel while client site has travel restrictions. As a result is team is remote next week. Counting down days till I get rolled off/fired now lol

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After you are stealth laid off, other than job search, what do you do? I assume they won’t give you work and even if they do, you can politely decline? How do you feel about you are not progressing anymore and seeing other people progressing in their career? I have no intention to make partner, but still feel a bit stuck not doing that much.

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What are the weirdest reasons you have heard for people being laid-off? I have heard someone getting laid off because they missed submitting their time-sheets for 3 times in a year.

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Hi all -
Sorry for the long rant, but could use advice or just encouragement.

Got laid off for the first time in my career 3 weeks ago. I have 10 years of PM experience (mostly ecommerce & experimentation). I was fortunate in the past to have had recruiters scout me directly so this is the first time in over a decade that I am applying to everything that I’m qualified for, mostly qualified for, and way over qualified for with zero leads. Only 3 interviews thus far that didn’t go forward.

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I have not been on a project for over 3 months. Since I joined, I have been put in training. The training got extended by a month and now it's close to 4 months since I joined and without a project.

What should I do? People say that I'm lucky to get paid without doing any work, but it is stressing me out. I need the experience. The uncertainty is freaking me out, with rumours of layoffs and the certification program and all.

How do I get into a project? How long do I have to wait more?

Hi all,

If people are getting fired from companies only.because they are on bench for more than 3 months, is it wise approach to switch with higher salary now?

Please list companies who are firing people or asking them to resign so that we get a fair idea of which company to join?

Share thoughts pls 🙏

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Deloitte FL/PR is turning into a joke.. if firm morale wasn't already suffering from layoffs, they increase minimum hours through December while half the offices are unassigned. Abandon ship.

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I'm thinking I won't be getting promoted if not laid off at the end Q2 or sooner. What are some good exit ops for an associate with 2 yoe in tech consulting? Exp in Cloud, PMO, IT Risk, and SoD.

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First year (ug level hire) and got email from apple recruiter. Would love to exit to FAANG but not sure I'm ready to leave BCG in my first year but maybe after 2-4. What is best practice?

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I mean those $6 meals are nice but stay safe y’all 😷

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Hi Fishes,

What is the market salary range for a Temenos UXP developer with 5 years experience and if willing to switch how much can he/she can ask for?

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Can anyone explain the grades in HSBC ?
What is GCB-5?

Honest answers only: what got you interested in this industry? Do you enjoy your work?

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Hi Fishes,

How many rounds do HSBC generally conducts for Consultant specialist role?
I had my APTA and Technical within 2 days but now waiting for 4 days for further communication.
Can someone help me here.

Thanks

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Hi Fishes,

Required referral at
HSBC HSBC India Pune. Job ID: 0000HDCH

Thank you

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I thought that the occasional visits from the recently divorced single mother that moved in down the hall was the best thing that ever happened to me. I was wrong, getting that mouse jiggler is the best thing that ever happened to me.

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Hi Guyz,

I went through the entire recruitment process and got selected for IBM ISL. Now I am being told by the HR that they are unable to release offer as there is a hiring freeze.

Can any one please tell me if its correct or just an excuse not to give me offer. If its true, when will this freeze be removed?

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TC Discussion w Recruiter: Show proof of numbers?

Curious if anyone has had to share some sort of evidence, screenshots, documents, etc. backing up their current comps figures.

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Is salary credited for KGS today or will it be tomorw

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Currently recruitment in Bangalore for developer

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Thinking of moving my whole crypto portfolio into BTC. Is this dumb?

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Anyone in here have a hospital job for a unit secretary position? How much does it pay in California? Any help is greatly appreciated

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What would you choose & why?

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Deborah Chow with the grand slam on Kenobi episode 6 - that is all, a must watch!

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I’m struggling at the moment to gauge how much I should be getting paid in my position as i feel I’m heavily underpaid for the work I do, which includes managing digital marketing operations across 12+ countries, manage the studio/creatives plus lead on any campaigns and strategies, etc. I’m also remote UK-based although my company is international. So what do you feel a fair UK wage would be for the role? I love my job/team but the stress isn’t worth it for me atm. Thanks in advance!

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Additional Posts in Pharma and Biotech

Hello everyone!

Currently looking to jump from Health Care to Pharma/Biotech. Does anyone work at Gilead and can serve as a reference? The current department I’m in, I do not fit the culture as it is a very archaic way of “managing” people. I have about a decade of a variety of work experience, majority in customer service/coordination/administration.

Would love any assistance if possible!

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Do you have to know some within AmerisourceBergen to work for them? I feel like I have tried 5 times to work for them and nothing has happened.

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I have an interview for a technical writer position in the chemistry field. Coming from a lab based chemistry role I'm use to getting technical questions about my lab experience. With this role I'm interviewing for being office based, I'm not sure what questions they may ask. What interview questions can I expect for a technical writing position?

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Considering that the end of this year will probably signal the start of a recession, is this a bad time to jump into a new role in Pharma?

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What are your thoughts of switching jobs in the beginning of this recession? Would you stay if you had seniority? Current company’s a start up that has 18 months of run way but budgets are tight for next year. Acquired tons of sites and has 3000 employees. Thinking of leaving for smaller pharmas.

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I heard a lot of people talking about Colorado becoming the next biotech hub. Is this true?

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Hello Fish! Does anyone have experience working for IQVIA in a non consulting, corporate role? How’s the work culture?

Anyone in early stage biotech? I’m looking at a BD role for a well financed (~$150M runway) startup with some preclinical programs and a unique development platform. What are some key risks to consider when taking roles like this? I’m overly excited and want to make sure I’m asking the right questions before committing myself to this.

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If the ultimate goal is to move in pharma/biotech (bd / strategy type role), does prestige of consulting firm matter? Or would it be better to work for less known firm that may have more client facing opportunities?

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What does drug testing look like after you get an offer?

Is 85K base salary a fair offer for an MS&T Process engineer at Moderna or Takeda in Massachusetts? I have 2 YOE in process development and need help evaluating an offer. Based on Glassdoor salary insights it seems some people are getting above 90K?

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Accepted offer to leave consulting (3 YoE, no previous lab experience) to join corp strategy team at biotech, any advice on what to do during the first couple of weeks?

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Please,needs a referral to Novartis. Thank you

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Anyone here doing Pharma marketing or any sort of data analyst work? If so, please let me treat you to coffee in exchange to pick your brain!

I’m curious about your career path, day in the life, do you enjoy it? Would love to connect!

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Anyone on here working/worked at Moderna Norwood location? What are you experiences and do you recommend? Are there any “buts” or red flags?

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Does anyone work for Boehringer Ingelheim? Would love to ask a few questions!

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Anyone know the salary range at Regeneron for Director, Development Program Management?

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Hi any advice for someone who has 1 1/2 year experience in industry and wanting to switch from market access to medical affairs. I'm open to any job opportunities in small or midsize pharma or guidance I have a vaccines and neuroscience background

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