Merger of equals? More like hostile takeover - Manager IQVIA Employee Review

The culture of the monopolistic, “take it or leave it” data company won the war over the client-focused, people-driven “do everything we can for our customers” service organization. Legacy-Quintiles was already a large, complex company pre-merger, but post-merger the organization has become much more bureaucratic and slow moving. The simplest of internal tasks now takes a month to complete. They’ve globalized and regionalized every single business unit to match IMS’ existing structure, leading to a lot of duplication of efforts and making the entire company unnecessarily complex to navigate. IMS management is attempting to run a CRO like a data company. IMS’ Management focus is only on the bottom line/share price and it's painfully obvious- now you need 2 levels of sign-offs to put a dinner on your corporate card, while Ari Bousbib takes home $38M/year. Yes, $38M per year. Literally…he’s the highest paid CEO in the pharmaceutical industry. Yes, more than the CEO of Johnson and Johnson, even though J&J company revenue is over 9x that of Iqvia, while both delivered similar shareholder gains. WELL below industry standard pay. A great Cigna PPO was replaced with awful Aetna high deductible health insurance. The stripping of virtually every employee benefit that was at one point a differentiator is now commonplace. Constant cost cutting is the norm, yet the pitch to employees through corporate-speak is that it's in their best interest (I.E the move to discretionary use of vacation time; the "sell" was that you no longer needed to accrue vacation time. But all that means is that the business no longer needs to hold liability on its books for 50,000 employee’s vacation days should they exit the company, which happened in droves.); the consolidation of 3 buildings in RTP down to 1 so now there are no permanent desks, the cutting of our gym memberships, etc. The slow and intentional squeeze and phase out of every management position held by legacy-Quintiles employees has finally trickled down to the Director/Associate Director level.