Anyone hear any buzz about when this will begin?
concurred 100%! Heard he wants to recruit some bacha bazi in Kandarha to be on his staff. someone please send those poor young bastards some vaseline to ap6
I too see people back at LC site who were laid off.
It looks like another round of massive layoffs are going to be coming soon across R&D. With the new goal writing and setting expectation forms. I was at a meeting yesterday where HR was called in to "explain" these new ridiculous forms and what was required on them. Essentially they are setting people up to get fired for any excuse. No matter how the DVP and them tried to sugar coat this BS, it was clear what the intention was. Someone was quoted as saying Miles is tired of signing R&Ds paychecks. The strategy now on is going to be buy as many as possible and keep a skeleton crew to do minimal work and fire the rest. The reality at Abbott is that middle management has no idea about developing drugs at all and all strategies are based on other big pharma doing things first. "If Pfizer and Genetech are doing it, it must be good". These morons, specifically project leaders and directors are the ones that need to be fired and people who can actually do science need to be promoted to their positions or hired. All the current lot are, are yes men to people above them, including the DVP. The amount of "data massaging" and misrepresenting information is astounding and the people that do such things are the same people who get rewarded and promoted to higher management. The amount of inbreeding, for a lack of a better analogy would put Kentucky to shame. The people who actually do the work are never given a chance to speak up and state the true scientific facts and are excluded from meetings where decisions are made, in the fear that they may speak up against the party line. Abbott is doomed to failure with these morons at the helm.
Just confirmed that Mary Szela had a ginormous party/"meeting" a swank downtown hotel for approximately 175 people from her department. Someone in the know I was talking to said she spent between $600,000 - $1,000,000 in two days over ridiculously glitzy presentations, each attendee got a telescope as a gift. She spent around $6000/attendee. They hired a comedy club, took people to dinner at swank places and stuff like that. Even people who live and work in Chicago were put in the swank hotel - JW Marriott for 2 nights. You think abbott's campus is too small to host 175 people? it s f$%%ing 420 acre campus with enough room to host a convention! What a f&^%ing waste of money! They fire poor people who earn a honest days living, and this biatch splurges on crap like this and internally promotes panderers and butt lickers. She gave out $700 apple gift cards a few days ago. You want to know WTF is wrong with ABBOTT? THIS IS IT. These kinds of decadent splurges and the self-serving and self-deserving attitude is going to take Abbott down pretty soon. They then cry foul about how money is tight. Tight my a$$! Quit splurging money on useless $hit like this and spend it on actual research. You might get a drug out of it, even just by fluke! And, fire this biatch. Oh wait she's a Miles White pasty butt kisser.
Where was this plant located??????????
Laid off people already back full time at same job doing same thing. Go figure.
Is your plant closing in England???????? Well ours is in Dallas. We are shipping everything to Singapore and Chicago.........
NO JOBS GET IT!!!!!!!!!!!!!!!
"What happened to President Obama's promise to keep our jobs in the USA????????"
?? what the heck you are talking about - you are living in the perfect capitalism world !! Mom can´t fix it!
Layoffs last week at the ADD plant in Dartford England
Dallas next cut back will be in April...........
What happened to President Obama's promise to keep our jobs in the USA????????
Oh . . . .Snap!!!
You're right Abbott does charge a lot for their products. The amount of money they charge you would expect thier products to be made in the USA, NOT China, Japan, Singapore etc. MW and the Board of Directors are pocketing the money. Then giving the shareholders .44 per share.
Abbott charge an absolute fortune
Abbott will sell or spin-off ADD. All will be third partied out. Then Miles will be happy.
What is project Q and why is it not coming to LC?
YOU ARE SO CONFUSED>
Add DVP's said more layoffs in second half of this year. Get out! Project Q is NOT coming to LC folks. Why do you think they moved everything OUT!
This is a rumormill. It isn't for psychotherapy.
Let this be a forum to come and share your thoughts. Anyone else have a bad experience with recent events?
LC ADD has not done yet. Ahoth 50% will be gone in June.
This company has transformed into fire pit. A vast land of little cronie kings who built castles dubbed as Division this, Global that while protecting their own interest. Full of deceptive and shady people that follows and sucking up to whom ever can take them up or save their @sses. MW dream has came through. A kingdom made up of mostly princess, a few count that dances and strip to his tunes. keeping a few slaves to do the dirty work. Let them gather round in the witches hour and implode.
I wish those impacted the very best. I have seen much in my years here and it saddens me to see how management treats people when they themselves are merely puppets for the MW bigwigs. I agree that a change is long over due. What happens in the dark, will come to the light.
Yes - vote your proxies!! Well said! Boot the b@s t@rd out. With corporate profits etc. up at double digit levels, the corporation as a whole doing very well in this economic/regulatory environment, and given the job market today, it is absolutely unconscionable to layoff people. Dr. Abbott is rolling in his grave. No pipeline - just shows how poorly managed the LRP has been since MDW took the helm. Would have been better to offer some incentive for people close to retirement to do so, and get rid of the slackers (of which there are a few), rather than throw productive, knowledgable, hard working people out on their you-know-whats. I hope the cameras are rolling if MDW ever has a 'Schindler's List' moment. Good luck and God Bless to all who have been 'impacted'. Hope everyone finds jobs with 50% pay increases.
Voting Proxies should be out soon. It's time to boot Miles out of Power. We as Abbott people having as much stock as we should have, should have enough votes to make some noise. LET'S DO IT.
not all, housekeepers were saved.
GES is next. Look for ~35% reduction. This restructuring will ongoing for years. what a place to be!
What areas of LC ADD were laid off? Is LC ADD R and D on the chopping block?
All Innovex contract reps let go
I was laid off and walked out of Abbott yesterday morning. FYI method centered on disembodied voice from afar emanating from phone in middle of table. The Abbott "family" and "caring" / "respect" / "gratitude" / "dignity" etc. were missing from this scenario. Must be a better way, Abbott decision makers, to handle the endings, endings which make the Abbott corporate culture story kind of empty and hypocritical.
Layoffs yesterday – 200 people gone from LC ADD with upper management telling us more layoffs before the end of the year. Rumor is March and/or June.
According to a post on the Pharmalot Blog, Abbott Laboratories today announced that it will eliminate 1,900 jobs or six percent of its workforce. The company cited its thinning pipeline and the current challenging regulatory environment for the corporate reorganization and downsizing. In other words, we are having trouble getting our new drugs approved and we can’t afford to continue to pay people’s salaries and benefits who aren’t delivering for us. The Pharmalot post didn’t provide specifics on the layoffs. However, Lisa Madden a Delta Pharma Recruiter and BioCrowd member sent me a message and told me that 1,000 of the layed off workers were onsite employees and the remaining 900 were sales reps
paper said 1/2 of 1900 is immediate. what happens to other 1/2
not all but many, also many in Pharma Discovery
All of AP8 let go?
axe is swinging swifly as i type
The Wife says the ax is swinging right now.
all you need to know
Restructuring. Wife rec'd email. RM's and DM's find out today, Reps stay home and find out tomorrow.
What is happening today?
Wow, 14-16,000 people???
try 20% company wide
The meeting is today, 01/25/11, tomorrow is the day.
How are the cultural surveys there? Do they identify potential issues employees are having?
I am looking at a booklet that Abbott publishes called Redefining Responsibility 2009 Global Citizenship Report. It is a really nice report. But it seems to me that Abbott takes care of everyone else but their own employees. Sad.
There's a difference between a rumor and just spitting out random dates though.
No one knows. That's why this is called the RUMOR mill. HELLO!
No one knows when it will happen until the morning of the layoff. The day before there is always a big managers off site meeting that's a sign there will be a layoff the next day.
Does someone actually have an accurate date? Date keeps moving out week after week. If you dont know, then dont post anything!
Layoffs will happen on 2-16-11 since there is an ADD all employee meeting on 2-17-11
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