Moving to headquarters to Germany after spending all of that money to move to Conway? Does not add up at all!

There are still plenty of low performers who are overpaid. It is rampant throughout the company.

Not sure am following you comment on the ADD headquarter move to Germany. All division headquarters are near the company headquarters in Lake County so dont see why ADD would move overseas. Are you speculating on this or have definitive evidence of this?

ADD divisional headquarters will be moved to Germany. Brush up on your German! Lake County layoff coming in late August or early September. Total 25%.

I must respectfully disagree with you on this one. I watched the poeple pack up their things and saw a list of names. Most of the people were steller performers who were leaders and gave it their best. I have kept track of several and they have been hired at other Pharma/Medical Device companies and they are doing great. I think that most of the low performers are the ones that are left because they didn't make very much money. So the company kept them on. At least it holds true with the people around me. These people are not bright and are just tripping over each other now. I also know that things are getting done. It is too bad.

hey, I have a bridge to sell you . . .

Big meeting to discuss what? We have been told several times that we are not being sold.

Big meeting due in Dartford in Aug.

Rumor overheard at DVP meeting : ADD Divisional staff will be let go prior to factory workers - Once headcount is at a desired level the division will be sold off - factory workers will move to new company , and Abbott won't want any of the divisional "yes men" that currently exit - most of them are excess to requirements and won't be offered another Abbott contract.

Just to clarify NOT ALL of the people layed off were HIGH QUALITY...many yes, but there were plenty who were long over due for termination. Should not have to use lay offs at a company to remove poor performers, but that is used time and time again.

This rumor mill used to be pretty accurate now it is just boring diatribe. The sadest part of all is that Abbott ADD employess are just sitting ducks. Just waiting for it to be my day. It is too bad because Abbott used to be a great company who looked after their employees and people would do anything to get a position here. The high quality people have either left the company or were laid off because they were making too much money. Everyone goes to work anxious and worries. That is not productive. Someone at this company needs to wake and see that this is not a healthy work environment. Quit with the layoffs. It is just poor management on Miles White's part. He doesn't know how to properly manage headcount. It makes you wonder if he is really fit to run this company. Consumers and people watching the stock are starting to see this.

Appetising young love for sale.
If you want to buy my wares.
Follow me and climb the stairs
Love for sale.
Love for sale.

Scooby-Dooby-Doo, here are you. You're ready and you're willin'.
If we can count on you Scooby Doo, I know we'll catch that villian.

Oh, mairzy doats and dozy doats and little lambsy divey
A kiddley divey, too. Wouldn't you?

This is True!! Abbott makes it's money off the reagents not the instruments. Once all manufacting of instruments have been third partied out. Abbott will keep selling the reagents and raking in the money. Don't anyone worry that a third world country is making these instruments. Even though the FDA does not scrutinize the foreign manufactures as they do our USA companies. Just think about that. US companies are raked over the coals as the saying goes. While the foreign companies get a little slap on the hand.

Every company is for sale, if the price is right.

You're right!! Miles has been wanting to get rid of this division for years. Just like he did with the Hospital Products Division, now known as Hospira. Has everyone forgot about that little piece of Abbott's Miles White History as CEO.

You know it all comes down to the bottom line. Projected profit and current income Vs. market value/offer.

You don't know if it's FOR SALE OR NOT, Unless your Miles White?
Only he and the top brass would know that. Same thing when we were being sold to GE. Know one would have known till the deal was done, if it had not been leaked to the PRESS.

ADD is not for sale

Oh really? I'm more into schadenfreud.

Because everyone wants to know if they, or their co-workers, are getting laid off.

Then why are you even on here reading the posts? Take a hike!

thank you! first post with any merit whatsoever on here!

Ask questions, and all you get is a song and a dance.

Yes, I agree does not make sense. We have been told several times that are not selling us off. Plus why sell off a division when it is just turning itself around? When you think of sell off, are you thinking just the Diagnostics portion or Molecular too? Doesnt make sense to separate them out.

Whats going on here??? For Sale !!! But we were told we were not for sale !

For sale sign is up for the last 2 years without anyone knowing it ...once AxSYM is gone the division will be sold (AGAIN)

Surely Dartford is gone soon.....AxSYM Gone after 2014 so some plants will need to merge to meet capacity

Layoffs will be soon. Management staff in ADD is being moved again to other areas as they did last January. Earnings report tomorrow.

uhhh, sure. or, maybe not.

Could this be the week?

Can you elaborate on exactly what is not going well?

There will be more layoffs, but who knows when. The Singapore Project of move the Dallas site overseas and to Chicago is not going well. Management is still pushing forward, everyone must get their bonuses no matter what. As long as it looks good on paper everyone is happy.

Now how confident is that? Lots of dates being thrown out here.

July 13

Any word on when the next round of layoffs will happen?

What about Dartford?

ROW to Delkenheim already announced. Flextronics to Singapoer already announced. North America undecided but probably to Longford Ireland.

great - more layoffs - can't wait

ADD Hematology is still making a decision on whether to go with Flextronics or not. My feeling is that they will. A few of the big wigs just had a meeting here at work and there's a buzz that layoffs are about to happen.

july layoffs???

What is the meeting in England about?

Big meeting in England.

Things may not be going well at Flextronics Singapore. Rumor has it that FDA is there and has found problems. Does the number 483 ring a bell. Management has no comment as of yet.

Things are not going well in Singapore. Management still pushing to make the project work.

FDA will be in Singapore in MAY, not APRIL.

I think what they meant to say was
,"Pluck you all Loundeyes!"

What was audit outcome?

FDA should be in Singapore at the end of the month for a Flextronics audit. Just wondering how that will go. I'm sure Abbott and Flextronics will put on a great Dog And Pony Show. But will the FDA buy it. Only time will tell.