I'm part of the Frac team. Witnessed the layoffs. People being walked out and rushed to their cars by upper management.
I was able to survive the first round of layoffs but not holding my breath. Expecting the worst. Place is like a graveyard. People wondering around scared worried and paranoid.
Saw people who literally dedicated their lives to Baxter walked out. People wondering why my generation puts their career path ahead of the firm's they work at. We job hop because we see that there is no such thing as corporate loyalty.
Management is lying to everyone. Layoffs are just getting started. Security team was notified about layoffs in advance. Little birdie inside security is telling us that there are at least 2 additional layoffs lists. This is how shire does business. Contract out all labor to minimize benefits, wages, and liability. Operations in US will slowly be killed off...profits.
Job hunting now, before next round of cuts. You should do the same.