All problems with "corporate culture" aren't factored in the stock price! The are over 1100 lawsuits for wrongful termination. The lawsuits vary from being raped on campus to being forced to participate in lesbian sex and discuss it in staff meetings! Ventura County Courts (Janal Urich vs. Stephanie Kafonek VP MD & Amgen et al) Of course they have the two reps saying that they were told to go into MDs office and remove patients' charts to get insureance companies to pay for Embrel. Exec Vp George Morrow gave this directive. The reps were told to create more business and "that it is a win win situation," Morrow said. The reps are both suing for $15 million. The morale has been severely low for about 2 years and to add salt to the wound the Southern California Real Estate Market is in one of the worst markets ever. Some house values are down more than 30%. Also, staff members that are layed off or terminated (even wrongfully) may have a relocation lien. Amgen's benefit for relocation was 20% down payment at 3-4% interest only automatically withdrawn from paycheck. This loan is due 45 after seperation and is typically $100ks.
Sort by:
Latest | Highest ratedAmgen: A Random Gamble? [View article]