Forest Labs

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Forest Labs Reviews

Updated Jul 04, 2014

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All Employees Current Employees Only

3.0 103 reviews

17% Approve of the CEO

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Brenton L. Saunders

(6 ratings)

42% of employees recommend this company to a friend

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)

  • Work-life balance is a challenge, constant change, company going through integration, job cuts(in 3 reviews)

103 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    A good company that FINISHED is best days!

    Administrative Assistant (Former Employee) Jersey City, NJ (US)

    ProsGreat people and interesting work. You could learn a lot about the industry while continuing your education.

    ConsSome of the people should not have been in management. They truly made the environment TOXIC.

    Advice to Senior ManagementNo management team should be allowed to LINGER for 10+ years unless the company is doing tremendously over the course of those years. When people do not leave a company someone must put them out or nothing will change.

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

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    IT MANAGER

    Manager (Current Employee) Commack, NY (US)

    ProsGreat benefits including stock options. Great people.

    Consgoing through a major merger over the next few months, currently no clarify on future of this combined company

    No, I would not recommend this company to a friend

    • 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 (US)

    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

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    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.

    • Work/Life Balance
    • Comp & Benefits

     

    Administrative Assistant II

    Administrative Assistant (Current Employee) New York, NY (US)

    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

    • 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 (US)

    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

    • 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 (US)

    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

    • 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 (US)

    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

    • 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 (US)

    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 good but bad now.

    Associate Director (Current Employee) Jersey City, NJ (US)

    Prosolder CEO is nice and treated employees very well.

    Consnew CEO is sucks. He came and sold the company in four months after his arriving.

    Advice to Senior Managementthe company will be gone soon.

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