Thread regarding BD (Becton Dickinson & Co.) layoffs

Layoffs prob after next Q report

Last quarter closed out short across several businesses. Leadership is now under pressure this quarter to make up millions through cost-cutting and focus on projects that directly bring in revenues.

Several businesses have cut additional costs with contractors and vendors this quarter to close the gap. If this quarter doesn't close that gap, the next logical step is cutting employee counts.

Layoffs are a possibility but I don't believe we will see them happen until next quarter. How the company closes this quarter will determine how many are cut.

Putting this up, because I think it makes sense and it will probably all play out this way. Source: @1cfi+1riA4usi

by Anonymous
| 4101 views | | 16 replies (last June 18, 2024) | Reply
Post ID: @OP+1rnNwzdT
Comment! It's anonymous!

16 replies (most recent on top)

A lot of freezes and quiet manager shifts / changes across BUs, even MDS. We are hearing about some major restructuring and layoffs coming very soon. Has anyone heard this?

by Anonymous
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Post ID: @1Iswm+1rnNwzdT

What notice at Bbd?

by Anonymous
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Post ID: @Bxeu+1rnNwzdT

Sale number is really bad by Q2. Hiring freeze started in March and pretty sure the layoff will start soon

by Anonymous
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Post ID: @Bges+1rnNwzdT

Bunch of notice today 4/9 at BDB

by Anonymous
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Post ID: @Bwyk+1rnNwzdT

Layoffs in DS today. Global marketing microbiology and also some more people in R&D. Microbiology especially is being hollowed out. I'll let you guess why.

by Anonymous
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Post ID: @mzcb+1rnNwzdT

Maybe we will be bought by a better organization.

by Anonymous
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Post ID: @jfty+1rnNwzdT

I heard the new DS president met with sales org and did not deny being sold. Makes since he really can’t address that

by Anonymous
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Post ID: @jqmj+1rnNwzdT

+1 on the last comment. Prepare your resumes, BD is getting ready to cut heads. Why would any of you work for a place that doesn’t appreciate you? BD is dead, go to a real organization that will value you.

by Anonymous
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Post ID: @hvra+1rnNwzdT

Heard the same thing and that it will be all bdx. They will roll it out region by region. North America is up. No one is safe. Get those resumes updated.

by Anonymous
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Post ID: @hsbi+1rnNwzdT

All master data and business systems teams in BDB are being let go June 10th. All work being outsourced to Genpact. Sounds like a corporate initiative coming from BDX that may impact master data teams globally.

by Anonymous
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Post ID: @huwq+1rnNwzdT

It’s all about GP guys! The rally call for DS.

by Anonymous
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Post ID: @hijg+1rnNwzdT

what is MZ1?

by Anonymous
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Post ID: @gwld+1rnNwzdT

Massive layoffs in June!

by Anonymous
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Post ID: @fgkw+1rnNwzdT

MZ1 😭😭😭😭😭😭😭😭

by Anonymous
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Post ID: @cbrj+1rnNwzdT

IDS has seen cuts this week. Key personnel which is going to make moral lower, if that is possible, and getting the work done harder.

by Anonymous
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Post ID: @awpr+1rnNwzdT

If we look at trends since 2023 they’ve been doing quarterly cuts, so think we’ll see more soon even before Q4. All targets were also pretty unrealistic. Honestly at this point their cuts are pretty unsustainable and short sighted- we’re missing critical functional personnel that will continue putting us further behind in the long term.

by Anonymous
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Post ID: @6kan+1rnNwzdT

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