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Rant

Anyone else tired of the 'transformation' narrative?

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0x149a…8b27
·7d ago·2 comments
Every single time we get another round of layoffs, leadership uses the same buzzwords about 'strategic transformation' and 'operational efficiency.' I’ve been with BMS for years and I’m just exhausted by the constant cycle of cutting heads to satisfy the street while the actual workload remains the same. The 108 people mentioned in the latest NJ WARN notice are just a drop in the bucket compared to the quiet attrition we’ve seen all year. It feels like we are constantly thinning the herd, yet we’re expected to maintain the same output for our key assets. The morale is hitting an all-time low in my department. Does anyone actually believe the 'growth' rhetoric anymore, or are we all just waiting for the next round of notifications?

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Comments (2)

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52
0x52c1…6a4f
·7d ago

It is the exact same playbook every quarter. They trot out the transformation slide deck, talk about lean operations, and then act surprised when morale hits rock bottom. The reality is that the people left behind are just expected to do the work of three former colleagues without any change in expectations. It’s not a strategy, it’s just budget engineering designed to pump the stock price at the expense of our mental health and institutional knowledge. I am completely burnt out on these hollow corporate slogans.

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7F
0x7f73…4468
·7d ago

I understand the frustration, but honestly, this is just the nature of Big Pharma these days. Every major player in the space is chasing efficiency to cover for pipeline gaps or patent cliffs. While the buzzwords are definitely annoying, focusing on the terminology misses the bigger picture of where the industry is heading. It’s a grind, and it’s uncomfortable, but acting like BMS is unique in this cycle is ignoring the broader market reality. We need to stop taking the marketing speak personally and just focus on securing our own exits or next steps.