Increased Expenses and Operational Challenges: The first quarter of 2024 saw Waters Corp grappling with increased expenses, including costs associated with the Wyatt acquisition, severance-related costs from workforce reductions, and litigation settlement provisions. These additional expenses have eroded the company's operating income and could impact its profitability if not managed effectively. Moreover, the company's instrument system sales declined by 20%, indicating operational challenges in meeting market demand or adapting to changing customer preferences. Waters Corp will need to address these operational inefficiencies to improve its cost structure and maintain profitability.
14 replies (most recent on top)
Regards wyatt workers, fair play to them for getting a liveable wage outa these leeches.
1 in 2 workers will die from cancer from working with waters chemicalsFACT
Some advice for the older worker_stick it out to late 50s 60 max.take advantage of two thirds sick pay after six months out.some good doctors cant a abide these companys and sort you out.im out of this dump on this payment and have no intention of going back.
The response from Waters about this on Glassdoor is hilarious - thanks for explaining the different types of compensation, while essentially confirming the problem….
“ Thank you for your feedback. Compensation is a complex matter, comprised of various elements like base salary, short-term incentives (STI), long-term incentives (LTI), benefits, pensions, and more. This complexity can make individual comparisons challenging. We encourage you to have a discussion with your manager about your career path and the feedback you have.”
Eee awe
People think we are the donkeys of the operation out in the store but did anyone ask who has to restock solvents now that its getting thrown out after a couple of days.surely another operation cost waste
Cant wait for bbq highlight of the year.get a better feed off mangans reheat
Regards people walking around, waters cameras are an easy hack and make for interesting viewing regards supervision activity and nosey workers.
Waters senior management is sh--e and clueless....shame on you , you know who you are !!!!! When going gets tough put out emails for Tai chi!!!!!
Surely people walking around doing nothing in wexford is eroding operating costs too.
Severence payments?.so there has been sneaky layoffs this year.
What Bonus payments?
To make matters worse, Lazy Wyatt employees in equivalent positions receive 100% more pay while doing only 50% of the work compared to hardworking Waters employees
Workers feeling the brunt of silly decisions made at the top