Thread regarding Thermo Fisher Scientific Inc. layoffs

Thermo Fisher Layoffs 22/23

Considering the many layoffs in Biotech sector - does anyone expect layoffs to happen in Thermo Fisher?

Speaking with other staff members in the CRG group we are worried about our future with the company.

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| 11312 views | | 32 replies (last February 13, 2024) | Reply
Post ID: @OP+1jHqzOpS

32 replies (most recent on top)

Just wondering how many weeks per year of service Therma pays .

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Post ID: @7mmoz+1jHqzOpS

What sort of redundancy package are Thermo offering .How do they select what people they need to layoff .Is it done by years of service .Is it done by enhanced package and how many weeks per year .Thanks for your help .

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Post ID: @7lnjc+1jHqzOpS

Is thermo fisher going out of business

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Post ID: @5yflb+1jHqzOpS

It’s funny how employees back stab each other during layoffs

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Post ID: @56zxy+1jHqzOpS

Thermo fisher tewksbury ma was going to be a casino before thermo bought property if it does go out at least hope gambling industry will be interested employ the laid off workers valets maintenance ect

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Post ID: @51lpu+1jHqzOpS

How many layoffs at the Tewksbury ma facility does anyone know

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Post ID: @4gksm+1jHqzOpS

I just read thermo fisher cutting 450 million budget will there be layoffs like 2020 655 employees layoff any info predicting recession 2023 is this the start of it

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Post ID: @4gqwq+1jHqzOpS

This is typical thermo panic mode lay off. Just mind you i worked at thermo for a long time and i am so happy i left the company. You ha e to wonder what management is thinking of. Buidling new building left and right, hiring more perm employees. Once the number dips thermo goes into crisis mode and start laying off really good ppl. Or they give them a retirement plan to make it look nice. Be warn working for thermo. Just remember when you sign your autograph on the hiring paper in the fine print it does state that Thermo has the right to fire you for any reason. My exboss always reminded me to keep updating my resume every 6months. Tells you how bad it is and i was there for over 15+yrs and decided it was time to leave.

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Post ID: @3ysjb+1jHqzOpS

~800 layoffs just in Cali since 11/2022 per WARN site ... other threads showing NC, FL, PA, NY, NJ all have similar situation ..... probably about ~1200+ by now and more to ocme ... town hall this week and no mention of these

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Post ID: @2Frbd+1jHqzOpS

Massive layoffs in December 22 and again in February for LPD sites in NC and OH. Everyone was impacted, including some of the best team leads at the entire site. Meanwhile incompetent leads get to keep their jobs. Absolute insanity how they chose who got laid off and who got to stay.

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Post ID: @2jqki+1jHqzOpS

Anyone know of any layoffs coming to Richmond sites?

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Post ID: @23zbf+1jHqzOpS

Millersburg, pa letting people go. 2 rounds so far. They said a 3rd will be coming. We are all scared. We like it here.

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Post ID: @1Vjvk+1jHqzOpS

Layoffs in IES service innovations on Friday March 03 -2023

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Post ID: @1Omto+1jHqzOpS

Layoffs at the grand island location also in Nov 35 and last week another 6 with 18 really on the list. Advised in BCD cell culture TFS was already down 75million in Q1. Mind you both NOV and Feb layoffs were done mid qrt. Don't be surprised if it happens again in May which would be mid Q4. Thing is no manufacturing, warehouse or CEO has been let go. They are letting gone scientists, planners, quality, engineers at least at Grand Island that's the trend

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Post ID: @1Jysx+1jHqzOpS

It's closer to 315 employees were let go last week at the Logan facility.

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Post ID: @1Jmxl+1jHqzOpS

About 90 people were let go in Logan, Utah. It seems that they were selected at random up to and including team leads.

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Post ID: @1Hvws+1jHqzOpS

What this company does hire temps when things go sour layoff temps no report of thermo laying off then they layoff permanent people one that don’t suck up to management the reputation of thermo fisher is getting around

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Post ID: @1nwrx+1jHqzOpS

I was hired the beginning of this year...😬 this has me kind of spooked now.

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Post ID: @1ldfk+1jHqzOpS

Got the news last week my role and team is getting eliminated. Sounds like a lot of cuts had to be done within SDG at least. Stupid thing at least in my division they were hiring like crazy..and now 1 year later laying ppl off. Pathetic.

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Post ID: @1ayeo+1jHqzOpS

Massive layoffs in tech sector 2023 that’s going to effect everyone including thermo and consumer price’s keep rising good luck I use to work there I thank god I got lauded off doing great now

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Post ID: @13ajx+1jHqzOpS

Total 95 layoffs based on California Warn notice filing in SF bay area and 10 more at San Diego and Carlsbad. mostly in the Genetic sciences division.

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Post ID: @xzba+1jHqzOpS

Just went through mass sl------r in the Bay Area, they are so tight-lipped about who and where that we have no sense of how the other divisions are faring. But of course same projects, same timelines, 25% fewer people, microscopic annual raises, what's not to love?

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Post ID: @pvyb+1jHqzOpS

More to come. A return to work mandate with a one week notice to go back to the office 5 days a weeks is a strategy to force attrition. A 50 hour work week was a light load, say hello to 70 hour work weeks.

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Post ID: @ngsf+1jHqzOpS

around 60 people were laid off last week in the San Francisco bay area location.

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Post ID: @aesb+1jHqzOpS

Many departments were effected this week. Management doesn’t want to give out numbers to respect privacy. Said this is ongoing based on business changes there can be more layoffs

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Post ID: @4sqh+1jHqzOpS

Ohio site is is taking names for voluntary layoffs December 1st. then shutting the plant down for two weeks at the end of December with employees being forced to take no point no pay

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Post ID: @4yuo+1jHqzOpS

Any idea what departments and how many people are affected?

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Post ID: @2nqe+1jHqzOpS

Sounds like these layoffs are company wide.

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Post ID: @2xtq+1jHqzOpS

There was a RIF in August, and again today in November. I'd expect the next on to be in February, just before the bonus.

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Post ID: @2rvo+1jHqzOpS

They laid off many employees today.

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Post ID: @2msf+1jHqzOpS

We are having layoffs at Thermo Fisher right now. They only give 1-2% per year for annual salary increase and overwork you with 50+ hrs a week, but they still want to reduce costs through layoffs.

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Post ID: @2aik+1jHqzOpS

A friend of mine was notified today, he is based in North San Diego location, so sad for those families.

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Post ID: @ftb+1jHqzOpS

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