coming B4 year end.
The FTC is all over LIFE, investigations are underway, have been for some time now. Should be wrapping up soon. Expect names up to Lucifer, to be named in the suit.
It could be that people are actually working now, trying to save their buts so that they are not laid off. It is really funny how that works. I bet that you cant see people's faces because they have their heads stuck up their manager's but trying to save their job.
Why is this board so quiet? Is everyone looking for another job?
hope thermo starts at GIBCO, rumors of flooding the market and price fixing for years
Why is nobody selling their shares in LT, does Thermo not offer enough? Perhaps the owners are still waiting for more news; perhaps the hedge funds can kill even more parts of LT
If they just got rid of the brownnosers and snitches about 85% of the staff would be gone. Then they could rebuild their workforce from scratch.
A lot more than deadweight is going to be shed, they will close whole sites and groups.
"The will start with the worthless hr fakes in ..."
No the bitch of it is HR always gets a pass. First rule of HR, HR looks out for HR.
Bottom line is that the new company will eliminate deadweight in the company. The will start with the worthless hr fakes in cb who sit on their fat asses all day and then move to large support functions ucb as it, finance tc. People in hr will be sved based an how good thy give bj s to pl, so sa, ds and pls nanny will be saved to terrorize tmo employees.
more debt in the company, more intangible assets on the balance. When TMO is blown up together with the other bubbles we will have the next crisis which will happen. only need to find out when.
Kelly C, you are worthless. Ask Macera, he will tell you to your face.
They won't for long. .. Say goodbye slackers
"GL was kicked out now. He is obviously a loser proved to be incompetent to run a bigger business. As I know from TMO, 99% of Life high level leadership will be kicked out because they were seen as stupid guys with low capability."
Not to mention alot of the now redundant depts. TMO will close down now. like Distribution. That one in particular needs to be shut down and scattered to the wind since it's been run by morons the past decade.
GL was kicked out now. He is obviously a loser proved to be incompetent to run a bigger business. As I know from TMO, 99% of Life high level leadership will be kicked out because they were seen as stupid guys with low capability.
Does Life have a marketing department?
I doubt it, Life couldnt sell oxygen on the moon.
Submitted by Anonymous on Fri, 19/04/2013 - 22:35. OMG, I just saw the shit lay out Life tech did in the Scientist, what is that ? a 5 pages pull out of utter crap of nothingness... bye bye life marketing, hello new Thermo rules.
OMG, I just saw the shit lay out Life tech did in the Scientist, what is that ? a 5 pages pull out of utter crap of nothingness... bye bye life marketing, hello new Thermo rules.
"The good managers at LT are being stretched so thin that they spend more time in their offices now than actually knowing their people. If Life tries to put you on salary be very scared, it means you will feel guilty for taking time off and will work 12 - 14 hours a day."
Well at least one supervisor must have snapped under the strain at the Frederick site because I see they have an opening for a Mid-Day Supervisor. Anyone know which one quit or got fired?
The good managers at LT are being stretched so thin that they spend more time in their offices now than actually knowing their people. If Life tries to put you on salary be very scared, it means you will feel guilty for taking time off and will work 12 - 14 hours a day.
Just like some other companies I know. Its down to bad management when staff start sucking up and cc senior managers in petty emails.
Bunch of petty idiots who camt do their own job. Run to teacher when they see something against a set of rules.
Though it would be nice to see some of the upper echelon scum get tossed out, I was referring to some of the lower level "grunts" who work with me and I use the term "work" loosely since they spend all day running to our supervisiors informing on their coworkers for petty shit.
The Mr/Ms Remora of which there are 1000's within Lifetech and ThermoFisher. Parasites.
Who is "UK"?
At Lonza I presume? That dump is even worse than Life.
I guess the stink follows the sh*t. AKA UK
Well maybe not worse then Life, but Lonza is a close second.LOL
How is that possible?
"Everyone needs to focus on their own future. Frederick, and other sites will more than likely be closed. Its just the nature of this business.
Bashing people on here who will more than likely never see it, is kind of waste of time. You were able to get a job at Life, and there is another waiting for you somewhere. It will be a better one.
Good Luck to everyone."
Oh I'm sure those "bashed" will if not read it will here about it, thats Life's MO prodding around employees web profiles (facebook, etc.). Venting here is much better than showing up at work and slapping the snot out of them dont you think? Anyway, thanks for the well wishes for the future of those affected.
Everyone needs to focus on their own future. Frederick, and other sites will more than likely be closed. Its just the nature of this business.
Good Luck to everyone.
managing a few project managers, like the project manager of project managers.
Really says something about the capability of a project manager that they need a manager to help them manage their projects. LIFE is like Dante's Inferno. Layers of torture with Lucifer in the center.
Nobody working for Life is really safe
I am very safe in Singapore with P.M.P certificate, managing a few project managers, like the project manager of project managers.
Luckily, I am not in PCR business group anymore, which overlaps with that of Thermo and will likely to be restructured. It looks like I am the only manager who does not in the PCR business group in Singapore. The only regret is that no other managers, including LLS, do not want to lunch with me anymore.
"Oh it will not be the senior back stabbers, they have the corner office pre arranged. Sad to say it will be your friends and the hard workers who do the perp walk."
Oh I'm actually glad they are no better than Life. I'm looking forward to seeing some of the two-faced, backstabbing trash that work at Life to be tossed out on their asses. I'm going to be standing out front of the building doing the happy dance when it happens.
Oh it will not be the senior back stabbers, they have the corner office pre arranged. Sad to say it will be your friends and the hard workers who do the perp walk.
"Great job, GL. Life stock is at all time high even though wall street dips. With a beta of 1.27 and a below market ratio of P/E compared to your competitors, Life is certainly a target. Why are the people on this site so angry? Didn't they benefit from the employee stock purchase, stock grants or whatever else?"
Since LIFE eliminated the Employee Stock Purchase Program several years ago and the only people they tend to keep are people who "manage up", probably not. I feel bad for the people who worked hard to build the companies that LIFE bought out and then ruined. I'm hoping Thermo treats LIFE management the same way LIFE management treated their employees. I hope THOSE recta are ready for a very large, pointed boot toe.
Get ready for the AfterLIFE!
"Oh Thermo is not a whole lot better, if anything. They are exploitative, manipulative cash making machine and only very very few make any money, certainly not the employees. They are not called "the borg" for nothing and you have just been assimilated."
You were "let go" because you couldnt do your job. You had the calibration program in shambles, and RB from Anacor/Transcat was asked over and over to do something about...YOU!
The fact that you posted what you did make you a complete idiot because its so easy to figure out who you are.
To suggest a "kickback" means you really dont know KC.
In fact, I will say this. I know who you are, I know who you work/worked for....Keep it up about KC or the facilites group and/or implications of a "kickback". Can you say black balled?
Quantus is a terrible business partner. Once a cheater always a cheater. Transcat may have a case here against LIFE and Quantus.
John Schaefer, where are you? Your empty threats are just that.
Is there anything Life Tech hasnt screwed up? I'm glad they have been swallowed up by Thermo and ass of humanity has had the boil called Life Tech lanced from it.
Oh Thermo is not a whole lot better, if anything. They are exploitative, manipulative cash making machine and only very very few make any money, certainly not the employees. They are not called "the borg" for nothing and you have just been assimilated.
exactly and this is a life tech thread...
and exactly who laid off every Res Gen employee?
Research Genetics -> Open BioSystems -> Thermo
Open Biosystems is completely unrelated to Applied Biosystems. The mere fact that yuz make that commint makes me yurl of the folks on hir.
And my comment had absolutely nothing to do with Applied Biosystems. It was, actually, about precisely what I asked about, namely, Res Gen -> Open -> Thermo people.
Customers hate certain brands. Given the choice, they will select another supplier.
Not to mention all the bullshit meetings they make us sit through everyday in Distribution in particular. We have a meeting at the beginning of our shift and another one around midway through the day and all the supervisors do is whine about how many orders were not shipped and who didnt fill out one of the many stupid forms the previous day. They piss and moan over missed orders yet waste our time whining about trival stuff. Distribution supervisors would screw up a one man band and wouldnt be fit to run a fast food restaurant on the over night shift.
From what I understand LT is now spending more time making their employees prove that they work than actually allowing them to work. Forced time off, hours spent doing metrics and filling out forms of what you are doing every day. Micro management and kindergarten cops. Sign in and sign out to go to the bathroom. Perform work related research on your own time and unofficial comp time. But they have a way around this. To get your pay check - you have to agree that you were given your breaks and lunch by law. If you dont agree - your time card is not approved and you get your manager down your throat. When I was a manager for a government contract I made sure my people took their breaks and lunch. We also had auditors that would come in and look at time cards and see what time people punched in. I feel sorry for those that are still there. They are in a work harder not smarter atmosphere. I have the utmost respect for the Marks and GM and many of the leadership that are in CB - they are being lied to for the #s by their lower management. I do not believe that GL cares - read his history - he is a good snake charmer - he can put a knife in your back and you would say thank you and protects his snakes.
Anyone know what role the people whose history is:
are still playing in the company? I'm sure they will remain objective when they run into their former overlords at LIFE during the integration.
$250M is a low number compared to what they will actually do which will be in the $300-400M range.
The life science sector is one that naturally lends itself to M&A; many companies, including Thermo Fisher and Life, sell to the same customers, which creates meaningful opportunities for synergies and leverage. In fact, of the $275 million in expected synergies outlined by Thermo Fisher in its presentation discussing the takeover, only $25 million will be generated from revenue synergies. The remaining $250 million will be generated from "combining global infrastructure," which is likely a euphemism for laying off Life's existing salesforce and integrating the company's product portfolio into that of Thermo Fisher. Thermo Fisher expects that this deal will be immediately accretive to 2013 EPS,
You are right CB was just an angry granny compared to this
Cathy Burzik was just an angry granny compared to the nucelar bomb yous going to get on yuf head.
Nobody working for Life is really safe, Thermo overpaid and will need to cut far more than the target to make the acquisition accretive to earnings. Also the enormous debt about to be put on the books, almost $20B total for the combined company, will need to be paid down. The immediate cuts will be in sales, distribution, operations, and then to all the overhead positions. In addition to the cuts Thermo will look to shrink or close the California sites because they are far more expensive to staff and operate than their east coast locations. They will offer relocation (on their terms) to some but few ever take the deal and become laid off.
In 2010, TMO bought a 40,000ft2 building on a 4.73 acres campus that was used for their data center just west of pittsburgh in the town of Robinson. LIFE has a tiny data center in Frederick, what do you think going to happen to that operation? bye bye Ricky Rimer
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