Forest Labs
2.8 of 5 81 reviews
www.frx.com New York, NY 5000+ Employees

Forest Labs Reviews

Updated Apr 15, 2014

Be The First To
Add Photos

All Employees Current Employees Only

2.8 81 reviews

                             

64% Approve of the CEO

Forest Labs Chairman and CEO Howard Solomon

Howard Solomon

(42 ratings)

41% of employees recommend this company to a friend
81 Employee Reviews
Relevance Date Rating
in

Review Highlights

Pros:
  • "Good benefits and vacation policy"
    in 9 reviews
  • "management will reward good work; congenial work environment; people are younger than in the rest of Pharma; good location"
    in 4 reviews
Cons:
  • "Downsizing in progress, new CEO, uncertain future"
    in 3 reviews
  • "No one really knows who does what"
    in 3 reviews
  • Show more review highlights

Reviews

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

 

IT MANAGER

Manager (Current Employee)
Commack, NY (US)

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

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • 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)

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

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

 

Was a great place to work

Anonymous Employee (Former Employee)

I worked at Forest Labs

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.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Comp & Benefits
         

 

Administrative Assistant II

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

I have been working at Forest Labs full-time for more than a year

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • 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)

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

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • 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)

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

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • 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)

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

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

Nice place to work, good environment

Senior Project Manager (Current Employee)
Jersey City, NJ (US)

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

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

ConsSenior 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.

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

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Great company. Only left because they were bought out.

Anonymous Employee (Current Employee)

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

ProsThis was a great place to work.

ConsCompany was recently bought out so things will change significantly.

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

company review

QC Chemist (Current Employee)
New York, NY (US)

I have been working at Forest Labs full-time for less than a year

ProsGood management, a company has good potential

Conslocation, expensive living cost, stability

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for Forest Labs? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at Forest Labs reviews and ratings - including employee satisfaction and approval ratings for Forest Labs CEO Howard Solomon. All 81 reviews are posted anonymously by Forest Labs employees.