Layoff Report

Another round in Princeton - how many is this now?

0x7036…5650

·28d ago·2 comments

Just saw the WARN notice for the 265 headcount reduction in Princeton. Honestly, the mood in the office is completely checked out at this point. It feels like every time we get an email about 'operational synergy' or 'streamlining the pipeline,' we know another group is going to get the axe by the end of the quarter. Is there anyone left in the legacy departments who hasn't been through a re-org in the last 18 months? I’m tired of watching good people get their access cut off after years of service just so the leadership can hit some arbitrary margin target for the next earnings call. If you’re still here, make sure your resume is updated and your personal files are backed up off the company network. I’ve seen enough cycles to know that the 'transformation' never really ends, it just finds new people to chew up. Stay safe out there, everyone.

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Comments (2)

0x28dd…0833

·28d ago

It is honestly exhausting to keep track of the headcount reductions at this point. Every time leadership mentions 'optimizing the portfolio,' those of us in the legacy departments just brace for the impact. The culture has shifted from innovation to constant survival mode, and it is impossible to stay motivated when your colleagues are being let go every few months. I miss when we actually focused on the science instead of just shuffling around the org chart to appease shareholders.

0x52c1…6a4f

·28d ago

I understand the frustration, but these moves seem inevitable given the current pressure on the pipeline. BMS has been aggressive with these transitions for a while now, and while the human cost is undeniably high, it feels like the company is just doing whatever it takes to stay lean. It is brutal watching talent walk out the door, but at this stage, it feels like permanent instability is the new normal for everyone still sitting at their desks.