“We don’t have to be that good to beat the current system.”
Bayer carries €34.5 billion in debt against €47.6 billion in sales and is worth a quarter of its $122 billion peak. The Monsanto deal and thousands of Roundup cancer claims did that, not middle managers. The cuts hit “thousands, not hundreds,” with 40% of management jobs in US pharma alone. Calling a layoff “dynamic shared ownership” doesn’t change who loses the paycheck.