Aug 21 2008
Abbott Labs is cutting 1,000 jobs - Will your company cut your job next?
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Abbott Laboratories plans to cut 1,000 jobs as part of a restructuring of its diagnostic business.
Once the plan is implemented it is expected to produce more than $150 million in annual pre-tax savings, the company said.
North Chicago-based Abbott said cuts will be made globally, but declined to say how many jobs in will be cut locally. “We’re addressing excess capacity, reducing costs and improving efficiencies.”
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johnny said:
lyCTHO Thanks for good post
December 29th, 2008 at 9:17 am
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