Company in Crisis - Recensione dipendente - Director presso Genentech

-culture is on life support and has plummeted dramatically since 2019 transformation -most employees either currently looking to leave or cannot leave because of unique personal circumstances or they don't believe they can get equal pay from another company. Many have left taking paycuts being desperate leave the negative culture -no trust in management as evidenced by the 2023 company survey and little belief that company will address company issues -little confidence in senior and senior executive management -little recognition or appreciation demonstrated -not a speak up culture- retaliation or termination has ensued -revolving door of CEOs and other executive leadership -Stock went from 400 to 240 in a little over a year and a half -continued failed drugs in pipeline and later stage pipeline -field sales team compensated not on sales but on story-telling of their "impact" and MBOs which is demotivating and unpopular -flat organization with little career opportunity -extraordinary amount of work...Pay is great but considering the scope of responsibilities employees are underpaid -meeting after meeting after meeting which leaves notime to get criticially important work done