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Abbott Labs to cut 1,000 jobs

fiercebiotech.com » 2008 » August » 22nd » Abbott Labs to cut 1,000 jobs

Tagged: layoffs, abbott labs

Abbott is at it again. Last December, the Chicago-based company announced it was slashing 1,200 jobs. According to a report Abbott Laboratories filed with the Securities and Exchange Commission, the company will again be cutting 1,000 jobs (1.5 percent of its workforce) by 2011 in an effort to "streamline global manufacturing operations, reduce overall costs, and improve efficiencies" in its … Continue Reading »

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