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-4.7885840157022E-05 -0.000430972561413606 0.00100560264329841 0.00062251592204183 -0.000574630081884808 0.000335200881099426 -0.00359143801177992 -0.00148446104486904
Stock impact report

Spring 2023 Layoff Tracker: Meta, First Citizens Bank Axe Hundreds Of Jobs [Forbes]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Forbes
Covid-19 test manufacturer Abbott Laboratories also announced jobs cuts Wednesday, marking one of the busiest days of layoffs this spring as recession fears and high inflation continue to push employers to reduce their head counts. First Citizens Chairman and CEO Frank Holding Jr. told employees in an email obtained by Axios the layoffs were the result of Silicon Valley Bank's epic failure in March, which made it “increasingly clear that we must make decisions to right-size our scope and scale to remain competitive.” Meta informed roughly 6,000 employees they had been let go, CNBC reported, following a previous batch of layoffs affecting roughly 4,000 employees last month—the cuts are part of the social media giant's plans to slash of its nearly 87,000 employees during its so-called year of efficiency and bring Meta's total layoffs since November to 21,000. Abbott Laboratories is cutting 200 jobs, it announced in a Worker Adjustment and Retraining Notification (WARN) notice , wi Show less Read more
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