Bausch & Lomb HQ leaving Rochester, m...

Bausch & Lomb HQ leaving Rochester, massive job cuts coming after Valeant Pharma takes over

There are 70 comments on the Rochester Democrat and Chronicle story from Jul 29, 2013, titled Bausch & Lomb HQ leaving Rochester, massive job cuts coming after Valeant Pharma takes over. In it, Rochester Democrat and Chronicle reports that:

The company buying Bausch + Lomb Inc. is planning sizable job cuts and to move the local company's headquarters to New Jersey.

Join the discussion below, or Read more at Rochester Democrat and Chronicle.

EdW

Rochester, NY

#23 Jul 30, 2013
HarrySeaWard wrote:
This is the second large company bought out by a Canadian company. Kodak Carestream is also Canadian owned. So is Kodaks huge warehouse on Lexington ave.
Must have something to do with the strong economy and strong dollar in Canada.
We should also be concerned about widespread Chinese acquisition of American companies (and real estate by the truckload). Unfortunately, even our government is in debt to them.
HarrySeaWard

Conesus, NY

#24 Jul 30, 2013
Most people probably don't know. At one time George Eastman very seriously considered move the Eastman Kodak Company to New Jersey because of regulations in NY. Don;t remember the details but Rochester & NY almost lost Kodak a hundred years ago.
Richard

Walnut, CA

#26 Jul 30, 2013
Rochester is getting hammered, and there is no end in sight. I see Kodak failing shortly (dude, they don't have products). I predict by the end of the year.

Think about Silicon Valley, they can't fill half the jobs out here because of a shortage of techies. Good where the jobs are.
Richard

Walnut, CA

#27 Jul 30, 2013
HarrySeaWard wrote:
Most people probably don't know. At one time George Eastman very seriously considered move the Eastman Kodak Company to New Jersey because of regulations in NY. Don;t remember the details but Rochester & NY almost lost Kodak a hundred years ago.
Ashamed he didn't have the foresight to get out of NY State. NJ would probably have made far more sense then, and particularly now. I'm sure his pal Thomas Edison influenced this idea.

NY State is soliciting new business with special low taxes, and penalizing your current business owners. What a screwed up state to start or move a business.
Chuck

Atlanta, GA

#28 Jul 30, 2013
We lost Birdeyse a few yerars ago, Valeo, French comapany (Mustard), Ragu, First Federal Bank, Chase Lincoln Bank, Gannett, Kodak (If it stays in Business-what is left of it) and now bausch and Lomb. The good news is there are more resturants on Jefferson Road and the Greece Mall is Expanding to add resturants and a few stores. Just who will be eating out at shoping with no money in the future? That is the big question? This has become a college town. How lomg can that last?

“Don't Toews Me Bro!”

Since: Apr 13

The Elite Northeast

#29 Jul 30, 2013
Ha Ha wrote:
<quoted text>
Wheeze groupie!
Always a treat to hear from you!
I know how hard it is to get off his nozzle with enough time to post. Usually he only lets you off long enough to slam slammer.
Wait ... did the FBI scoop up wheeze as your pimp, and now you are free? Congratulations!!!!
Ha Ha you just jinxed us! We haven't had a slammer "Wease El" rant in at least 6 days
plz spay or neuter them

Rochester, NY

#30 Jul 30, 2013
Edwin wrote:
I doubt the CEO and board are lamenting jobs lost in Rochester. The only thing they're thinking about is how they can return more money to the company's bottom line, and ultimately the stockholders.
If they can accomplish a task for less elsewhere, that is where the task is going.
It's not good for Rochester, or for the individuals that are getting dumped -- but it shouldn't come as a shock that the 1% will do whatever it takes to put daylight between themselves and the 99%. More money is the mantra.
They could care less about returning monet to the companies bottom line!!!! These big corporations management will rake in as much money in pensions, bonuses, etc... and close the doors. Management leaves with a boatload of $$$ and the people who actually ''work'' there get screwed. Look at the Kodak management - company in trouble, bankruptcy, yet those fat bonuses to the mamagement still went out!
plz spay or neuter them

Rochester, NY

#31 Jul 30, 2013
Naughtyrobot wrote:
Our liberal policies set by liars and thieves make the cost of doing business here too high, the successful are punished for being successful, our wealth is being redistributed globally to our detriment here in America. I keep hearing all this blah blah blah about how the economy is great and revcovering and new normal jobless rate is 8 or 9% or more. What crap.
Yes it is about politics. Liberal polocies - uh...no.
The big corporations are run by rich stuffed shirts with one agenda - to get richer any way they can. Political party does not matter.
They dont care if the companies close, go bankrupt, whatever - as long as they can cash in. They care nothing about the actual workers or what happens to them. F the rich. Greed is evil & will bite them one day.
plz spay or neuter them

Rochester, NY

#32 Jul 30, 2013
EdW wrote:
<quoted text>
Agree. Obama is not providing adequate leadership, and our economy is in shambles. We are printing money at an alarming rate, and it is becoming more worthless by the month. A record number of Americans are living in poverty.
Like someone else here said, we need manufacturing jobs, not retail. It is unfortunate for the people that are being separated from their jobs at B&L that they have no good choices in Rochester for equal or better employment. Employment at Qwikie Mart or Macy's is not going to feed a family.
Even the manufacturing jobs are not paying a wage one could live off. At least not sombody with a family & kids. Many plants are getting rid of the people making a good wage & rehiring for $8 & $10 bucks an hour. Lifes basic neccessities are getting too expensive to afford even with 2 full time incomes. It shouldn't be such a struggle to live.
Palmyra Maid

Rochester, NY

#33 Jul 30, 2013
Why is congress making laws to move businesses to NJ or Mexico?
Bart

Rochester, NY

#35 Jul 30, 2013
plz spay or neuter them wrote:
<quoted text>
They could care less about returning monet to the companies bottom line!!!! These big corporations management will rake in as much money in pensions, bonuses, etc... and close the doors. Management leaves with a boatload of $$$ and the people who actually ''work'' there get screwed. Look at the Kodak management - company in trouble, bankruptcy, yet those fat bonuses to the management still went out!
Antonio is still milking Kodak. To the very end. Its said these monsters answer to no one and can screw all. Like little Hitlers. The USA is full of them.
Charles

Rochester, NY

#36 Jul 30, 2013
Face it guys, when you're on top you're not worrying about your employees, you're concerned exclusively about meeting and exceeding your corporate expenses and debt -- paying yourself as much as possible.

Many of you will not understand this, or complain that it's absolutely not true. It is. I take out as much money as possible from my company, while paying employees a reasonable, livable salary. They earn revenue for me. That revenue is a multiplier for me to make additional dollars.

If anyone thinks CEOs are concerned about the day to day lives of their employees, you are very wrong. We have our own problems.
Bart

Rochester, NY

#37 Jul 30, 2013
Charles wrote:
Face it guys, when you're on top you're not worrying about your employees, you're concerned exclusively about meeting and exceeding your corporate expenses and debt -- paying yourself as much as possible.
Many of you will not understand this, or complain that it's absolutely not true. It is. I take out as much money as possible from my company, while paying employees a reasonable, livable salary. They earn revenue for me. That revenue is a multiplier for me to make additional dollars.
If anyone thinks CEOs are concerned about the day to day lives of their employees, you are very wrong. We have our own problems.
I keep forgetting, No one gives a crap in the USA about anyone anymore. No one does a good job. No jobs for life. No pensions. Outsourcing. Just use people and then trash them. It all about greed and get. Once upon a time America was #1 when CEO's and people cared about each other and we had leaders with vision. We were the leaders of the world once. Now we are no longer leaders in the world. We make nothing and consume. Greed and get. Soon America will fall and fall hard like Rome.

Since: Jan 11

Location hidden

#38 Jul 30, 2013
George Eastman seemed to care about his workers, he was also "rich". Some "rich" folks are jerks and profit over all else is the rule, there are some that do care. Fact is, "rich" people create jobs for the rest of us, and if the company does not turn a profit, we don't have a job for long. It does piss me off to see some folks make insane amounts of money and not get fired, even though they make horrible management decisions and the company is not turning a profit. And they get a huge bonus. The little guys doing all the actual work getting pissed on and angry. Leaders, of industry and political, need to get their heads out of their arses before it is too late.
WhiteIsRight

Newark, NJ

#40 Jul 31, 2013
So let me get this.....
The B&L BOD agree to sell to another company; and this is all Obama and Schumer's fault?

Do you remember:
Rochester Telephone
Rochester Gas and Electric
Ginna Nuclear
AC Rochester
Delco
French's
Canisano
Gerber's
Gleason Works
Ragu
Lincoln First
Marine Midland
Genesee Beer
Sibley's
B. Forman's
McCurdy's
Star Markets

All regional, national or international companies that were headquartered and operated out of Rochester. That we're sold off well before either of the two were in office.

Where was the outrage then?

Suck it up, this has been going on since the industrial revolution.
How do you think the Rockerfeller's and Ma'Bell made all their money.

Answer: Buying up companies and their assets.

Rochester is no longer going to the manufacturing power house it once was. The future in Rochester is in Heath Care, Research & Developement, Education, Entertainment and the service/retail/technical industries that support those working in the fore mentioned.

I don't mean to stir the pot but, we will no longer have need for Unions moving forward........
Ha Ha

Iraq

#41 Jul 31, 2013
semper fi forever wrote:
<quoted text>You still flying around spraying DEET , or was that your "SERVENTS"!!!!!!!!!! You're nothing but a ten year old TROLL!!!!!
LOL!

You're back!! Great to hear that Wheeze gave you time off.
Usually you seemed to be stuck to Wheeze like a colloquially bag.
Sorry to hear you wasted that precous time to snipe at me, but hey, that just tells us all what kind of guy you are.

I haven't found a pestacide that gets rid of fleas like you, so yeah, I am still working at it.

Yeah, I'm a troll ... but I can spot like minded people like yourself and I am not afraid to call you out.

Have fun following Wheeze around like a puppy under his feet.
I'm sure Wheeze is doing a great job of being that father figure a little boy like you needs.
Ha Ha

Iraq

#42 Jul 31, 2013
colloquially = colostomy
Chuck

Atlanta, GA

#43 Jul 31, 2013
WhiteIsRight wrote:
So let me get this.....
The B&L BOD agree to sell to another company; and this is all Obama and Schumer's fault?
Do you remember:
Rochester Telephone
Rochester Gas and Electric
Ginna Nuclear
AC Rochester
Delco
French's
Canisano
Gerber's
Gleason Works
Ragu
Lincoln First
Marine Midland
Genesee Beer
Sibley's
B. Forman's
McCurdy's
Star Markets
All regional, national or international companies that were headquartered and operated out of Rochester. That we're sold off well before either of the two were in office.
Where was the outrage then?
Suck it up, this has been going on since the industrial revolution.
How do you think the Rockerfeller's and Ma'Bell made all their money.
Answer: Buying up companies and their assets.
Rochester is no longer going to the manufacturing power house it once was. The future in Rochester is in Heath Care, Research & Developement, Education, Entertainment and the service/retail/technical industries that support those working in the fore mentioned.
I don't mean to stir the pot but, we will no longer have need for Unions moving forward........
We can Blame the City of Rochester Mayor Richards for selling RG&E to a company in Spain named Iberdola. Richards made 10 million And Rochester lost jobs as RG&E was merged with NYSEG.
EdW

Rochester, NY

#44 Jul 31, 2013
Chuck wrote:
<quoted text>
We can Blame the City of Rochester Mayor Richards for selling RG&E to a company in Spain named Iberdola. Richards made 10 million And Rochester lost jobs as RG&E was merged with NYSEG.
The only important fact is: Richards made $10 million.

Losing local jobs was not a concern of his during or after the deal, it was banking $10M personally. That is a decent day's work.

When you have $10M in one hand, and the well being of employees in the other, dollars always trump all.
Palmyra Maid

Rochester, NY

#45 Jul 31, 2013
I think jobs should come back to Rochester and the Finger Lakes region.

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