Forest Labs
2.9 of 5 102 reviews
www.frx.com New York, NY 5000+ Employees

Forest Labs Reviews

Updated Jun 27, 2014

Be The First To
Add Photos

All Employees Current Employees Only

2.9 102 reviews

                             

20% Approve of the CEO

(no image)

Brenton L. Saunders

(5 ratings)

42% of employees recommend this company to a friend
102 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "It was a nice place to work, good benefits and many career opportunities"
    in 12 reviews
  • "Good Benefits and work life balance"
    in 4 reviews
Cons:
  • "With new CEO, things changed; layoff and projects cancelled"
    in 7 reviews
  • "No one really knows who does what"
    in 3 reviews
  • Show more review highlights

Reviews

    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

     

    In the middle of a merger - being bought by Actavis

    Senior Statistical Programmer (Current Employee)
    Jersey City, NJ

    ProsPeople are mostly friendly, educated, and intelligent. There is work for you if you are good. Upper management is insightful and know what they are doing.

    ConsSince this is a time of company merger transition, job uncertainty is prevalent. If you want to move up the ladder you need to be assertive and make your aspirations know, else you will be left behind.

    Advice to Senior ManagementThe working business model of buying promising compounds and bringing them to market work well for Forest.

    Since Howard Solomon has stepped down from the CEO position and the new president Brent Saunders has a track record of having a company he runs being bought, that is exactly what happened, in record time, less than six months of his arrival.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review

     

    Was a great place to work

    Anonymous Employee (Former Employee)

    ProsForest Labs provided the opportunity to work in a variety of therapeutic areas and with global co-development partners of all sizes.

    ConsCurrently very strained environment due to reorganization, downsizing and pending sale to Actavis.

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Work/Life Balance
           
    • Comp & Benefits
           

     

    Administrative Assistant II

    Administrative Assistant (Current Employee)
    New York, NY

    ProsFriendly, laid back environment. There is much room for growth for an admin including positions other than administrative assistants.

    ConsThe company is going through a major restructuring with a new CEO and lay-offs. Not sure what type of company it will become once

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
  • We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    Overall very happy

    Senior Director (Former Employee)
    New York, NY

    ProsFlexible work place for our department, not the same in others

    ConsCompany got sold and employees are waiting to see if they have jobs...not a lot of work being done.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Disapproves of CEO

     

    Good company, Good people

    Senior Systems Analyst (Current Employee)
    Saint Louis, MO

    ProsVery nice office environment, good location, management values opinion from all levels, good communication, good benefits, ability to move up in many groups

    ConsLimited product range is the company's biggest problem. Some managers are not good leaders. The new management is putting lot of strains.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Disapproves of CEO

     

    Senior management lost it's way

    Anonymous Employee (Current Employee)
    New York, NY

    ProsForest was a company that offered a great deal of rapid upward mobility to many individuals. The current change brought about by restructuring and the sale to Actavis will likely continue to create opportunities for some individuals. The diversity of Forest's product portfolio allows the company to compete in several large therapeutic areas.

    ConsSenior management failed to capitalize on the revenue windfall generated by Lexapro and Namenda in their hey-day. Clinging to an antiquated commercial sales and marketing model has negatively affected earnings growth. Conducting business "with blinders on" weakened the stock price and allowed for a takeover by Actavis.

    Advice to Senior ManagementIf Forest will continue to function as an operating unit of Actavis it will be important to restructure senior management in sales, marketing, and contracting. The current group has proved unwilling to consider best practices executed by contemporaries in the industry. In a very direct manner this has led to the downfall of a once great sales and marketing organization. It will be imperative to introduce a culture willing to consider innovative ways of doing business in the new health care economy.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    WAS nice to work there...

    Administrative Assistant (Current Employee)
    New York, NY

    ProsCompany values were strong, work-life balance was available, picnic and great holiday parties were fun, good rapport with coworkers.

    ConsNOW... toxic, tense, unstable, unreliable - new CEO and his home-grown staff are home-grown liars.

    Advice to Senior ManagementYou reap what you sow - you accepted a deal that has created chaos in the lives of Forest employees. Only the employees are suffering as you and your people have safely negotiated your millions. You don't feel the pain of your actions now, buddy, but what you do here, you pay for here. Don't ever fool yourself into thinking you'll be sheltered from this cruel and heartless act. Nothing is forever, remember that.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

     

    Great company. Only left because they were bought out.

    Anonymous Employee (Current Employee)

    ProsThis was a great place to work.

    ConsCompany was recently bought out so things will change significantly.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • Approves of CEO

     

    company review

    QC Chemist (Current Employee)
    New York, NY

    ProsGood management, a company has good potential

    Conslocation, expensive living cost, stability

    Yes, I would recommend this company to a friend

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
    • Culture & Values
           
    • Work/Life Balance
           
    • Senior Management
           
    • Comp & Benefits
           
    • Career Opportunities
           
    • No Opinion of CEO

     

    The company culture left with the former CEO. The future is uncertain.

    Anonymous Employee (Former Employee)

    ProsForest used to have a great benefit package, a holiday party that spared no expense, a company-wide picnic and other perks. The culture varies depending on the department, the management and the chemistry with your co-workers. Great place for growing if you are interested in the pharmaceutical industry

    ConsIt has gone through a change and the future is uncertain.

    Advice to Senior ManagementBe sure to recognize and reward talent.

    – I'm not optimistic about the outlook for this company

    Was this review helpful?
    Yes | No
    Add Employer Response Flag Review
RSS Feed Embed

Worked for Forest Labs? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at Forest Labs reviews and ratings — including employee satisfaction and approval rating for Forest Labs CEO Brenton L. Saunders. All 102 reviews posted anonymously by Forest Labs employees.