Forest Labs Reviews

Updated 28 August 2014
Updated 28 August 2014
112 Reviews

3.1
112 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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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.  

    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)

    I worked at Forest Labs full-time for more than 10 years

    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
  2.  

    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)

    I have been working at Forest Labs full-time for more than 5 years

    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
  3.  

    Has been a fun ten years....

    • 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)

    I have been working at Forest Labs full-time

    Pros

    Nice work environment, good beni package, nice perks. the place you could see your self retiring from. Never had layoffs until 2009.

    Cons

    layoffs and more layoffs. In the middle of a merger, the end is near, hope R&D survives nobody knows.... except high up management.

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  5.  

    A good company that FINISHED is best days!

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

    I worked at Forest Labs full-time for more than 5 years

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    No 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.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    Was good but bad now.

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

    I have been working at Forest Labs full-time for more than 10 years

    Pros

    older CEO is nice and treated employees very well.

    Cons

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

    Advice to ManagementAdvice

    the company will be gone soon.

  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)

    I have been working at Forest Labs full-time for more than 10 years

    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.  

    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)

    I have been working at Forest Labs full-time for more than 10 years

    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
  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

    I have been working at Forest Labs full-time for more than 8 years

    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)

    I worked at Forest Labs full-time for more than 3 years

    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.  

    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)

    I have been working at Forest Labs full-time for more than 10 years

    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

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