Valeant Layoffs

What happens when your stock goes from $250 to $26 in less than a year and your company is riddled with fraud? Layoffs.

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This story is just one example of Valeant's disastrous business model that cannot be sustained. Earnings on the 28th will show more debt which will result in more layoffs. Don't forget a hedge fund basically runs the company, folks.

And that same hedge fund run by Bill Ackman just had layoffs, probably because of his failures with Valeant. My favorite was that he had to let his personal driver go.

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This story is just one example of Valeant's disastrous business model that cannot be sustained. Earnings on the 28th will show more debt which will result in more layoffs. Don't forget a hedge fund basically runs the company, folks.

When reps can't trust the company, they leave.

50 reps are rumored to have left for Synergy.

Screw you Papa!

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Along with the 140 contract workers that make up the Addyi sales force, Valeant is firing about 140 employees across its dermatology, gastrointestinal and women's health divisions, with dermatology taking the biggest hit, according to one of the people. Valeant has about 22,000 employees.

This story is just one example of Valeant's disastrous business model that cannot be sustained. Earnings on the 28th will show more debt which will result in more layoffs. Don't forget a hedge fund basically runs the company, folks.

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50 resignations in December and Papa lied at the JP Morgan meeting by telling investors there is only 6% turnover. What a joke.

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Everyone knew Addyi was going to be a bust.

They sold 227 scripts in the first few weeks on the market. I'm shocked they had to fire their reps. Ha!

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Along with the 140 contract workers that make up the Addyi sales force, Valeant is firing about 140 employees across its dermatology, gastrointestinal and women’s health divisions, with dermatology taking the biggest hit, according to one of the people. Valeant has about 22,000 employees.

Everyone knew Addyi was going to be a bust.

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Along with the 140 contract workers that make up the Addyi sales force, Valeant is firing about 140 employees across its dermatology, gastrointestinal and women's health divisions, with dermatology taking the biggest hit, according to one of the people. Valeant has about 22,000 employees.

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