This thread is for info about potential Abbot Labs layoffs? Any chatter, news or rumors?
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And about 400-500 in Minnesota. But a promotion for our exec VP announced the next day. Ouch
Mid-Level exec stating "business is war, get used to it", is su-king the life out of Manfacurting and bringing clones that do not understand the Cardio business. The newbies are in the 3 year hamster wheel for titles and then leave; exerpeiced engineers replaced with new grads. Micro-management from the top never works, although when you are one making the decisions where to cut, what do those on top care? Expect more re-orgs and layoffs soon. Got to hit year end for the boss's bonuses.
January 2023 layoffs in Neuromod
Layoffs coming again for Westbrook, ME. 3/3/23
Jan 31 layoffs in EP
Abbott Molecule had a wave of layoff in Feb 2023
Abbott Molecular had a wave of layoffs in February 2023
Fresh layoffs at Abbott Scottsdale and Sylmar again. Going after long time to employees. Mid-Level execs state "business is war, get used to."
I got laid off January 2023.
layoffs started dec 1
at least hundreds sales reps