LC = Lake County

where is LC?

ABT will split (1:1) around June/July 2012. The pharma split will be in October 2012.

LC, 200+, May

And Where?

Who and how many?

The door just closed for some more folks once again.

When One Door Closes Another Door Opens! I am a believer.

Good for you. Hope all is well. I am on my way to 2 site interview, too bad it's not home base. Get out while you still can if your young, stayed if the severance is fair and take them for everything that they got. ADD LC will implode sooner than later. Miles, may you live forever!

One month after 1/23 layoff, I secured the new job that will not only increase my income but also home based. Thank you Miles White and ADD. I will do my best to kick your butt.

if you believe upper management i have a bridge for sale

so you believe everything miles said the last 5 yrs? ha ha

After the last round of layoffs upper management said no more layoffs this year. I believe everything they say!

next 0ne is expected happen for the end of june 2012????

I heard the same rumor – another round in early March. Don’t believe this will happen so close to the last round of layoff in January.

by end of 2013, all manufacturing will seized to exist in LC. Please be prepare.

Yes, it is coming. Lake county R&D also on the list.

there are rummors that there will be another lay off before the tenth of next month does anyone knows if this is true or only a rummor? people at work are very nervous just waiting......

Guidant where are you? I think that Guidant has been the best company that I ever worked for. They really cared for the people with great benefits pick nicks for the entire family more holydays ....Giudant wherever you are God Bless you.

Which should please Mitt Romney.

Hang on you'll get one!! Soon there will be no US Jobs!! Miles will make sure of that! Only his Job and the Board of Directors will be the only Abbott US Jobs!!

Abbott Diagnostics is a place where malevolence reigns.

Agreed

People, Doesn't anyone remember?... President's Club trips are forthcoming! If they don't cut the budget from somewhere then all those lavish trips could be in harm's way. Also those mega bonus schedules have to be paid. Worker bees? Expendable! That mentality is why the stock price sits essentially where it was FIVE years ago ($55.xx v $54.87! Going nowhere fast, except on some fine trips in the early spring, especially if you are senior management. Good luck to the little folks. Some will be handcuffed to ABT trying to make retirement conditions and criteria. Hope you make it. If you can move forward now, it is a good time to put all of it behind you. There are real companies out there where their CEO doesn't knock down $20.96 Million/ per year/average (for the past six years, rather the company maintains within reality and away from greed. (Reference Forbes.com) Good luck folks.

I wanted a severance package but did not get one. I feel bad for those that got the axe, while some of us drag along waiting for time to go by. I put my name in the hat, maybe next time.

You again? Are you a psych-wanna-be? Feelings? That is a different blog. This one is for rumors.

Let this be a forum to come and share your thoughts about the process. How are people feeling about what occurred?

40 - 60 in Dallas, that is.

Yes, heard between 40 and 60.

Any layoffs in the Santa Clara area?

Any layoffs in the Dallas area?

Being repeated in the news...

"The medical device and drugmaker said it will eliminate 700 jobs in the United States and Puerto Rico, according to the Chicago Tribune. "Fewer than 200" of those cuts will come from the Chicago area."

ADD Lake County also had a number of layoffs, approximately 300 according to one recently laid-off employee.

The people that are only affected is temecula ,murieta and cebo the hade a meeting at 9:00 today and theirs another at one o'clock giving people color paper to see if their safe or lay off! And they may have another lay off at med year. So people that didn't get layoff today could get it in couple of months!

A total of 300 today. Ouch.

Layoff's stated already.
Already lost a couple of friends.
Middle managment knew who was getting laid off ahead of time.

Don't hand in the keys to your company cars as you go into the Hall.

Something is going on tomorrow.

tables removed from AP22 – video screens and chairs set – big meeting tomorrow?

is tomorrow the day?

Don't forget that this still could be part of the "Three Year Plan" that was started before the companies "split up". All previous layoffs have coincided to occur before a new pay period starts for saleried employees.

Our balls are getting closer to the band saw. Hang on!

January 25th

Very quite the past couple of weeks. With performance reviews due the 20th the next round, just like last year, will not happen until later this month or early in February.

I am hearing a rumor regarding a possible 01/19/12 layoff. This would be before the scheduled "conference call" on 01/25/12 to report the 4th quarter earnings of 2011.

Anything new regarding the upcoming year?

same old same old

ADD all employee meeting today. What will they say?

If I didn't read the company name, I would think this thread is about Pfizer. Sad state of affairs. It must be the "Stupidity Flu" going around the big Pharma world. No cure in sight either.

One thing where Pfizer has got you guys beat all to hell is we've got Preparation-H and Chapstick! Think of the possibilities! Butt kissing with world-class endurance! If we had only kept Listerine, we could've released the complete, "Executive Hygiene Pack"! Now THAT is SCIENCE!

Good luck Abbott employees.

Retirement Healthcare? Have you figured out what "retirement healthcare" will be if you utilize the Abbott Retirement Healthcare Plan? Ah, welcome to the real world! It isn't cheap, and in fact you can likely source it cheaper in other places, especially if you have a spouse that is still working, etc. It isn't droplets from Abbott Heaven! If you are holding on for that little benefit alone you may be very disappointed, and you may want to get accurate numbers before chancing a loss of retirement benefits (or substantual change) should another spin off or sell off occur. Bottom line.... If you have an opportunity...move on forward from Abbottabad. At this point, if elgible for retirement- scoot!