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
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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
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ABT
News
- Abbott India warns of potential laxative syrup shortages amid production halt [FOX Business Network]FOX Business Network
- Abbott Completes Acquisition of Bigfoot BiomedicalPR Newswire
- Abbott Declares 399th Consecutive Quarterly DividendPR Newswire
- U.S. govt. to restart program to ship free at-home COVID tests [Seeking Alpha]Seeking Alpha
- Abbott Broadens Access to Cutting-Edge Biosimilars in Key Emerging MarketsPR Newswire
ABT
Earnings
- 7/20/23 - Beat
ABT
Sec Filings
- 9/15/23 - Form 4
- 9/6/23 - Form 4
- 9/6/23 - Form 4
- ABT's page on the SEC website