Interesting work that brings new medicines addressing unmet medical needs.
Working with a group of highly skilled and knowledgeable people
Allowing requests to be laid-off with generous severance enabling early retirement if so desired.
Cons
Loss of experienced people leading to loss of institutional knowledge and expertise at getting things done right the first time. Many new folks learning their jobs.
Continuous budget cuts and layoffs - good news is established folks can request layoff and retire early
WORST huge errosion in medical benefits. 2025-2026 32% increase in cost of single person high deductible insurance. Huge increase in allowable billable cost for the same cpt code services (eg. 2025 Dr visit $115 and same visit in 2026 $247). This change was hidden from employees until they went to the Dr and received their EOB bills. Company is managing loss of patents/revenue by hitting employee health care hard