Soriot points out that Europe now faces a double threat. On one hand, major pharmaceutical companies are investing heavily in the United States to avoid their products being heavily taxed by the Trump administration. On the other, China is already a leader in generics and has become a formidable competitor in innovative medicines.
This is why you get a huge C-suite salary, so stop complaining and do your job. Fund R&D and faetorics and make sure we keep having competitive drug to beat US and China.
I am pissed off by these companies requesting government bailoat when things go wrong but giving huge dividends as investor took risk and CEO get talents when things go right
do your job
This is his job. C-Level isn’t so much steering a company as it’s representing it and asserting influence. If public fear mongering advances the companies interests then he’s the one to do it.
This dude is hollowing out his own company. They keep firing chunks of departments with no one that knows how to do those jobs. (Source my wife was fired, and her best friend says no one knows how to do the jobs of those fired)
I would say governments should probably own some of these type of companies then but considering how the people are and governments as result are I can’t imagine a way out.
What a loser mentality.
… unless you give us freebies and subsidies.
Corpo translation: “Taxpayer, subsidise me!”
Capitalist says things to scare others and aid capitalist. Ignore them and move on.
This reminds me a bit on the Ford CEO Jim Farley who has been claiming that China is too far ahead and the Western car industry is doomed. Reports often with the same quotes circulate also here on Lemmy, many of them posted by OP. It’s the same “Europe bad, China good” narrative all the time.
It’s the same “Europe bad, China good” narrative all the time.
That’s not bad if we discuss the problems and figure out solutions. However if the problems cannot be solved then it is demotivating.
What kind of audience are we?
