Forest Labs

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Forest Labs Reviews

Updated 11 August, 2014
Updated 11 August, 2014
110 Reviews

3.1
110 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
(no image)
Brenton L. Saunders
9 Ratings

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)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Was a great place to work

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

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

    Cons

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

  2.  

    Administrative Assistant II

    • Comp & Benefits
    • Work/Life Balance
    Current Employee - Administrative Assistant  in  New York, NY (US)
    Current Employee - Administrative Assistant in New York, NY (US)

    Pros

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

    Cons

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

  3.  

    Overall very happy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Director  in  New York, NY (US)
    Former Employee - Senior Director in New York, NY (US)

    Pros

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

    Cons

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5.  

    Good company, Good people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Systems Analyst  in  Saint Louis, MO (US)
    Current Employee - Senior Systems Analyst in Saint Louis, MO (US)

    Pros

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

    Cons

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  6.  

    WAS nice to work there...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Administrative Assistant  in  New York, NY (US)
    Current Employee - Administrative Assistant in New York, NY (US)

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    You 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.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  7.  

    Nice place to work, good environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Project Manager  in  Jersey City, NJ (US)
    Current Employee - Senior Project Manager in Jersey City, NJ (US)

    Pros

    The people doing the work were very nice day to day.

    Cons

    Senior IT Management does not do any type of strategic long range plan. It's all about how much money it costs in the current year. No upward mobility unless you were buddies with the CIO or VP's.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Senior management lost it's way

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY (US)
    Current Employee - Anonymous Employee in New York, NY (US)

    Pros

    Forest 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.

    Cons

    Senior 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 ManagementAdvice

    If 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.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  9.  

    Great company. Only left because they were bought out.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    This was a great place to work.

    Cons

    Company was recently bought out so things will change significantly.

    Recommends
    Negative Outlook
    Approves of CEO
  10. 2 people found this helpful  

    Cheapest Company Ever

    Former Employee - Administrative Assistant  in  New York, NY (US)
    Former Employee - Administrative Assistant in New York, NY (US)

    Pros

    Good culture, co-workers are good to work with.

    Cons

    I was so grossly under paid for the job I was doing. I had to finally take a full time job after the recession. I had been working for over 20 years yet they paid me as though I was an entry level person. Even my title was entry level. That's how they got around paying me nothing.

  11.  

    DISGRACEFUL!!! My friend tempted at Forest for FOUR YEARS without getting hired, and now he will be laid off in May!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Clinical Trials Manufacturing Technician  in  Hauppauge, NY (US)
    Former Employee - Clinical Trials Manufacturing Technician in Hauppauge, NY (US)

    Pros

    This company offers work that could have great career potential, except that Forest would rather use a temp worker for four years and never hire him, then lay him off while he is still a temp. The employees are generally good to work with though, and the work itself is interesting.

    Cons

    This company does not care about its employees. It only really cares about profits. The fact that they kept a temp worker on for four years without hiring him is absolutely disgraceful.

    Advice to ManagementAdvice

    Develop compassion and emotions and a sense of gratitude and loyalty to your employees, including temporary workers!

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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