Genentech reviews

1. ROCHE (FHLR) - 100% own Genentech since 2009, at first they left us pretty much alone - NOW - completely have taken over - more and more senior roles moved to the HQ at Basel. 2. ROCHE - it's now all about the bottom line to the accountants in Finance - more and more jobs at lower levels being 'exported' to cheaper locations like Canada (Mississauga), Costa Rica, Hungary (Budapest). It's cheaper to hire people there. ENTIRE functions, like Vendor Finance and Procurement have been or are in the process of being moved away from the Genentech South San Francisco campus 3. Almost impossible to get promoted - unless you know the right contacts - it's not at all about merit and HR don't want to promote anyone as it means paying more salary to that person

Management plays favorites with preferred employees in pay and promotion that goes beyond difference is demonstrated skills and tangible contributions. In Finance organization, excessive importance placed on commodity skills of "business partnering." Result is that core technical Finance and Accounting skills are not cultivated, support groups with these skills are small, and all technical work is channeled to these small groups as few people can or want to do it. Sr. management is more focused on their own self promotion than on developing their organizations.