Rumor is that Perkin Elmer has something coming out in 1Q/2Q of 2011 that will change the way science is done. Any ideas? If it is anything like Alphascreen I can wait.
PERKIN ELMER TO ITS U.S. EMPLOYEES:
I worked for good old PE back in the good old days. I went back to the new PE in Shelton, Got laid off ! Thank God ! What a sweat shop !
TEA moving to Llantrissant UK. ATD moving from Llantrissant to Singapore where they currently make the GC garbage. Most remaining mfg in Shelton moving the Singapore. Those left in Shelton have to move to Boston area in next 1-2 years
I forgot to mention the layoffs before Thanksgiving, avg age was 53 from signed compensation agreement seen with my own eyes from a sales rep. Most of known layoffs were 65+ persons! Nice, I guess you are too old to work for PE past 60
77 more laid off on Jan 18, 2012. Closing plant in Shelton (likely to occur). Remaining mfg going to Llantrissant, UK and Singapore. Likely to move rest of offices to Boston area where corporate is located. 500+ more layoffs to come in Q1 Q2 of 2012.
I am a current CSE at PE
Inside PE Shelton CT there was just an announcement that production of several of their product lines (ICP and MS) will be moved to Singapore.
There will be huge personnel cuts by the end of this quarter.
No silly it's layoffs, they fired (excuse me laid-off) a pile of people just in time for the holidays. PerkinElmer is the sleaziest company around. They do not care about their workers, except for the world class x**&^%$% at the top. PE’s customers are fleeing in droves. Go Rob, you da man!
Perkin Elmer Layoffs/Incompetence
Perkin Elmer just layed-off 5% of it's USA field personnel.
Inside word has another ten percent slated before Q2 2012 to appease Wall St.
Probably talking about their recent purchase which included CRI and The Mirax Scanner. They are dreaming. Old technology and not a big seller.
No. He's not stupid (although he did work at pe for twenty years).
He went to Hamilton automation. They are putting capital expenditures into product development. pe hasn't spent didley squat on improving their liquid handling garbage in more than five years.
He essentially had nothing new to sell in years.
That's why he quit pe and went to a forward thinking (PRIVATELY HELD) smart company. He is taking his customers with him, as they have gotten tired of same old, same old product crap, year after year
For his sake, let's hope he didn't decide to go to Beckman Coulter...
PE has just lost its star life science salesman (liquid handling and automation) on the west coast. He was with them for twenty years and a fairly consistent performer. He bailed on PE and went to a competitor.
What does he know, that others do not know?
PERKIN ELMER HAS LAYED OFF MORE THAN 600 EMPLOYEES SINCE EARLY 2009, AND THAT NUMBER IS GROWING. THIS DOES NOT INCLUDE THE SALE OF THEIR IDS BUSINESS, AND THE 3,000 EMPLOYEES WHO ARE ALSO OUT OF WORK.
SOURCES SAY THE CURRENT GOAL FOR LAYOFF'S IS 1,800 EMPLOYEES BY MID 2012. (ONE THOUSAND EIGHT HUNDRED)
(SEE 4TH PARAGRAPH IN BELOWS BUSINESS ARTICLE FROM 9/2010----
LIFE SCIENCES, ENERGY, HEALTH IT
PerkinElmer Expects to Make Acquisitions After $500M Business Sale: CEO Talks Boston-Area Talent and Growth in Software, Imaging
Ryan McBride 9/13/10
PerkinElmer has recently struck a deal that it hopes will fuel its growth in the human and environmental health markets, among other things. Rob Friel, the chairman and chief executive of the Waltham, MA-based maker of lab analytical tools, gave me his personal take on his firm’s (NYSE: PKI) sale of its illumination and detection solutions (IDS) business in an interview last week.
The company took in $482 million from the sale of IDS to the New York-based private equity firm Veritas Capital. The deal works well with its strategy to invest more money into growing its core businesses that serve customers in the diagnostics, biotech/pharma, and environmental health markets. (Read on for more on what Friel said to Xconomy about using some of the proceeds from the IDS sale to fund acquisitions.)
While shedding IDS, which made specialty lighting and sensor components, PerkinElmer has been buying up firms in the diagnostics market—where the company sees high growth potential as healthcare dollars move toward preventive measures, Friel says. In July, the firm bought VisEn Medical, a Bedford, MA-based maker of in vivo florescence imaging technology, for $29.8 million. (Friel talked to us about the potential of that technology both in lab experiments and potentially downstream for clinical use in patients.) And back in May, PerkinElmer acquired Signature Genomic Laboratories of Spokane, WA, and its genetic testing technology for finding chromosomal abnormalities behind unexplained developmental disabilities, in a $90 million buyout deal.
In our interview, PerkinElmer’s chief also gave his take on where he sees the global economy heading. The poor economy has been cited for the company’s rounds of layoffs over the past two years. It has let go 452 workers through three layoff plans since early 2009. Also, there are 3,000 people in PerkinElmer’s IDS business that will no longer work for the company after its sale to Veritas. But Friel talked about his expectation that his company, which had 2009 sales of $1.8 billion and 8,200 employees at the end of last year, would get larger as it acquires new businesses and expands existing businesses.
Here’s an excerpt from my interview with Friel about how his company plans to grow through acquisitions and organically, as well as how talented workers and internal innovation play an important part at PerkinElmer. Also, read further for his expectation for the role of software and IT systems in advancing the firm’s offerings for human health and environmental safety customers.
"PerkinElmer Engaged in Two Instances of Bad Faith
The existence of conduct taken in bad faith is central to
any analysis of the implied covenant of good faith and fair
The above quote is from a past lawsuit against Perkin Elmer regarding the mal-intentions of Perkin Elmer, along with their gross management incompetence.
Read the lawsuit (link below). It is very worthwhile reading. Although summary judgement was found for Perkin Elmer, this lawsuit against them, very clearly spells out the intended harm Perkin Elmer does to people each and every day it does business. From the little person, to the large Corporate entities it deals with.
Read this lawsuit, it is 15 minutes of enlightenment as it pertains to Perkin Elmer's highly incompetent management, both upper and mid level.
Good question- in reply to the post of what happens to a FSE/CSE when PE loses a big-house one source account:
PE Just announced on August 11 that 72 employees are being laid off.
This is PERKIN ELMER LAYOFF ROUND ONE.
MORE ROUNDS TO COME VERY SOON.
ONE SOURCE ACCOUNTS OF THEIRS ARE COMPLAINING RIGHT AND LEFT IN NY AND NJ
Perkin Elmer is being sued for stealing another company's technology, and then selling products using that technology, calling it its own.
THIEVES, PLAIN AND SIMPLE.
COULD THIS BE WHY PERKIN ELMER ANNOUNCED ITS FIRST ROUND OF LAYOFFS ON AUGUST 11TH?
PERKIN ELMER IS GOING TO PAY MILLIONS OF PATENT INFRINGEMENT DAMAGES.
THOSE MILLIONS OF DOLLARS ARE COMING FROM THOSE FORMER EMPLOYEES WHO HAVE BEEN TERMINATED UNDER THE GUISE OF "LAYOFFS".
PERKIN ELMER ANNOUNCES FIRST ROUND OF MASS LAYOFFS DUE TO PRODUCT DEFECTS, QUALITY ISSUES
PE JUST ANNOUNCED A FIRST ROUND OF LAYOFFS.----
72 EMPLOYEES CANNED.
WORD FROM WALTHAM MA, SHELTON CT, AND DOWNERS GROVE IL INDICATE MORE ROUNDS OF MASS LAYOFFS TO COME.
QUALITY ISSUES WITH NEW PRODUCTS ARE KILLING SALES.
CUSTOMERS ARE COMPLAINING THEIR JANUS LIQUID HANDLERS HAVE SOFTWARE BUGS THAT ADVERSELY AFFECTED THEIR ASSAYS FOR YEARS, OPENING THEM UP TO LAWSUITS FOR BAD DATA GENERATED.
CUSTOMERS ARE FLEEING IN DROVES.
Looks like someone is suing their ass on it?
and their customers!
PE sucks, aside from their AA and ICP's do you really see any PE products in any labs? People in the instrumentation mfg industry know what type of company PE is and will not work for them, just look at the age and number of job posting they have on their job board.
Again they go after very niche markets, marketing propaganda and their DDS specialists in the field scrambling to make those assays work. They will never penetrate academia. This is a desperate move to get some more business out of the pharma market after all ther mergers and shut downs in the NAmerican market ...
I can wait. I am sure they will come out saying it is good to go, tested everything and encourage labs to use it(almost if not giving it away free) and then after a year find out it was not tested good enough with major issues. Seen it from these guys once to many times. However, just shows how good their marketing team is so kudos there.
They are going to launch a "label free" reader in collaboration with Corning.
They could not get the IP consolidated last time they did that.
PE is allays playing second fiddle. They need to come up with some cutting edge technologies. GC Large footprint and mass consumer of electricity\TurboChrom Software - ARE YOU KIDDING. LC - Have you ever seen one in a lab? AA - the one instrument that PE makes and it's not to shabby. Thermo analysis (TA far superior)...
I did not even though they were cutting edge. Cutting edge to them is to sell you junk after they talk it up but get it in the real world and it does not work. I am going to buy six!
a new clinical mass spectrometer perhaps?
A big box of marketing bull**it in a pretty box with a real nice bow. I got four on order and can't wait.
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