coming B4 year end.
This company is getting impossible to work with.
Dont get a buffer. Just quit working with them as soon as you can!!! You have alternatives for pretty much everything. Just look for them.
Our rep told us that stocks of everything are being reduced and said we should buy a buffer if we could because he didnt know how they would keep supply. Because weve known him for a while and it isnt Q end I sort of believe it could be true. Worse service ?
What other sites are seeing layoffs?
But I thought the future was the Open Array ??? and digital PCR ???...(what are they thinking). Also selling the crap at super low prices. How can they survive ?
Because they are:
Mortgaging the future of the company
Cutting all perks
Doing horrible things to our benes (all under horrifically false pretenses)
Cutting all spending on everything BUT IT
Not investing in anything else at all (no new projects, no sustaining projects, not making anything better)
Karma baby! Enjoy whatever cheat you are on...your time is coming up soon.
cheaters still laugh all the way to the bank, lawsuits or not.
"But, also unfortunately, SOLiD is not better than the HiSeq"...and HiSeq is also in a lawsuit as of 4 months ago.
Illumina stole their technology from a company in Washington.
No market leaders, just market cheaters!
Unfortunately SOLiD is better than the PGM...
But, also unfortunately, SOLiD is not better than the HiSeq. Extending read length obviously became a major issue on the SOLiD, and, especially for paired end or mate pairs, the HiSeq became the obvious choice of virtually any objective user. So you can see the business decision to look at other options...
If the MiSeq performs anywhere close to promised specs, the PGM needs 100x density and 2-3x read length improvement REAL quick.
"Unfortunately SOLiD is better" - and in another lawsuit as of this week.
Amin's rule was characterized by human rights abuse, political repression, nepotism, corruption, and gross economic mismanagement. Sounds about right for JR.
People are negative in this forum about IT because of the resources being put towards something that is clearly not ready to make a significant impact on the next-gen market. Putting $1B into Starlight would likely have been a better choice.
Just look at the nature paper. That 10X crap human genome was easily $2M plus time and labor and 200 days of sequencing. A lab now with a HiSeq can do MUCH better for less than $7K. Do you really think you can take on Illumina with the PGM? Insanity.
We at LT see this logic and do not know why GL and his cronies do not. The PGM would have been big news years ago, but what it is now is not work the $700M++ LT is sinking into it.
If you want to argue, think about what users can buy now, cost of sequencing, how most projects are moving towards whole exomes, genomes, and transcriptomes, and how the PGM is totally useless for those three applications.
Unfortunately SOLiD is better than the PGM and LT still lost out. Way to go GL! JR must be an Illumina spy, take down LT from within.
Enjoy those nightly reports!
So who were the latest victims ? Did they finally get rid of the dead wood stacked in a group called 'global account sales', seems to me, everyone who has done damage ends up there before either leaving or surviving a major demotion.
Why does GL come to Foster City right after another round of layoff? Is he having a brain fart or just freaking arrogant?
How is it there seems to be such a negative view towards IT, coming from what appear to be LT employees? One would think this would be something everyone would want to get behind and see succeed. Is the environment at LT truly this toxic?
But Roche could absorb the 454 failure, Life will choke on Ion.
Souds like 454 v2
The axe fell on several heads today here in FC all part of the plan to gut solid and flush more money down the torrent toilet. 700+ million was only the start, JR is happy to spend all the money GL will give, and GL's man crush on JR will keep the $ flowing.
JR's Idi Amin management style spreads like virus through the GS division, hundreds will write idiotic daily reports and send them to everyone until Life's exchange servers melt, no thought will go into anything as the flock of headless chickens run around doing more.
JR will leave with all the $ and Life will have a huge pile of shit to clean up and a giant cluster fuck business unit to deal with.
Basically more of the same.
Don't laugh at him. You can tell he's serious by the bow tie.
How many laid off today?
"One of the things [Life Tech has] done is to hire me — I'm influencing the company when opportunities arise to engage in human health applications" -Paul Billings
GL will never learn from his mistakes. His initials should be GHL, H=Hubris exponential
What's going on at Life ? More of the same, expensive, inaccurate, marketing ploy crap. Once again I know for a fact a few folks called this one out before it was published but the minions let it slip, bravo to the academics who completely failed on this one, you crossed the line of lameness:
Wow, this is the story of hundreds of fair hard working people out there... When HR had a target, they would zone in and make anyone's life so terrible, destroying them, their pride, probably killing marriages, happiness and productivity... this my friends is what Life Tech is still much about.
This is not new. It predates the ABI merger. Hope he wins.
Is this the Director of Molecular Biology and Chemistry Patent Groups?
Cleaning up the piles of BS that spew out both ends of LIFE employees.
Wow, a Major Incident Manager. That's incredible. What is the job description.?
¨Life Technologies has a new Major Incident Manager¨
I wonder if this guy will have any spare time soon :)
Stock price < $50/sh , going to 40s' anyone?
Bye Bye Kevin McKernan
keep buying back some stock. I also think major cost cutting will be required again but massive enough to send a market message. Didn't we all see it coming, read the frigin thread, it's the biggest MBA nightmare case study... GL will be remembered for something, pure and utter failure to listen. Would make a great thesis subject, Hey Gregory, call me baby I have a few hints for you to turn things around.
Sparky says "why don't you ask yo mama?". Don't be disrespectful to your pappa.
methinks you are not Sparky but rather a bootlicking coward
This is Sparky, thanks for your useless posting.
Good point. But the stock has dipped below $50. So there probably will soon be a big layoff that will get material event coverage so as to imply lower costs and drive the share price back up. Have you been doing a great job on challenging goals managed by a chain of bootlicking cowards? Pack your bags Sparky because the end may be near.
Tips from HR:
LT had been laying off a few people almost every week for a long time. Get used to it. They kept number low to avoid making big announcement. Every day could be your last day. Just prepare for it. Remove all personal stuffs (family pic., tax files, love letters, hate mails, gossips, porno, and whatever you may have)off your desk, book shelves, and your PC. Keep things valuable to you at home. When it's your turn, you won't have time to go back to your desk to do anything. You get your pink slip, and security will walk you straight out to the parking lot. They will pack "your" stuffs and send them to you.
Any rumor on July layoffs prior to earning release?
Any clinical lab that made the conscious (ie. not at gunpoint) choice to validate any sequencing assay with SOLiD (any variant) deserves to go out of business.
And then on to 4, and then all SOLID work will come to a complete stop if not done already. The very last hard core ABI customer (god bless them) will finally understand, the only thing still ABI about LT, is the poor sales rep holding the fort while his new country men are running away with the cash. Now maybe GL will understand why these folks are so important and stop screwing with them all the time.
Where´s the swede that ran ABI`s intl. business,he was great ,is he around ?
They should make JRothberg the CEO of LT.
Y'all are fools. Greg is the best CEO the world has known. So suck it up and move out. We don't need folks like you here.
I love it that on the one hand they tell us to take vacation and on the other, if you take off in the last month of the quarter after warning them for 6 months with wife and kids waiting, you get a huge shit e-mail from a mid manager with no life. Wake TFU Life what upper management says is never executed properly. Why don't you stop measuring the bottom line and start getting in the face of middle managers who are ruining this place.
ABI folks, your salvation may come the next couple weeks. Get a package and get the f'ck out of that hell hole created by LT. Wish you luck and move on with your lives. Most of you are good people just got too complacent. Good,bright people had already left and are enjoying themselves with all the cash and love other companies in the hi tech industry. Come out and work in other industries in the Valley, you will never regret when you look back after a few years from now. It's a blessing in disguise.
LT IS BEING SHOPPED! THEY ARE WORKING BIG TIME TRYING TO SELL US! INSIDE SCOOP.
Hot off the press. Down here in Carlsbad, our most glorious Comrade Leddy has let be know from on hi, that we need make sure employee take more vacation time, aka "because they deserve it". ONLY....in his next paragraph he explains having too much vacation time on the books is bad financially for the company. He actually told us this! Can this person figure out how to motivate and get a company attitude positive? Guy tells us to encourage our employees to take more time off they deserve it, then in the same breath, tells us that if employees don't want to take time off, push them as vacation time cost the company money.
This stuff remind me of where I grew up in Asia. Unbelievable, it like working for Communist country.
So when a company want to reduce employee vacation time, and go through cost cutting, it is because they need to limit their liability to look better for investor.
When any company buy this place, and realize all good people jumping off the boat, they will tear this company apart and just take the technology. So if you employee, is time to get out of here.
I would be interested to see if more employee, besides just the usual mad Carlsbad, Eugene and Austin people go on this website to share information. This company heading for an implosion. This my first post, but you are all so right. It is so sad, that all the stuff I see written on here, could have been written for maybe 40 people I interact with as all say the same about healthcare, our IRA 401, our ESPP, pay, happiness.
I don't just understand, why they have so many managers that are "C" level players, and they get rid of the "A" level player. These people managing us are making us very unhappy. It seems the only good manager we have are no Invitro people. I respect the old AB people down here, old Ion people, old Bio etc people so very much. Is sad as I am Invitrogen start person.
This place suck. They really need to pay big bonus this year to keep the good employee. It is sad as it is like they have made us into mercenary mentality.
Is it time to start to learn to speak Chinese to compete for jobs in oncology pharma/biotech market?
The US and EU jobs market is over crowded and compounded by global news like "Shares tumble wipes £24bn off FTSE as fears grow over debt problems in Europe and the U.S" 19.June 2011
China is investing $308 billion in governement funds between now and 2015 to generate 1 MILLION new biotech jobs. The ambitious program is part of the 12th Five-Year Plan (2011-2015)...
Yīzhǒng yǔyán yǒngyuǎn bùgòu !
Haha it washes chemistry faster than it can scan so they have to tell customers about the 'new' downgraded specs. Well done morons.
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