Anyone would care to chime in with a prediction about potential Laboratory Corp of America layoffs? Any chatter, news or rumors?
Anyone has facts? How many people work at the main office at Burlington?
UHC will expose almost $1B in lost revenues over the next year and a half. PAMA has affected reimbursements. All of these factors force LCA executives to scramble to save the dwindling stock price. Cutting costs is an easy fix, yet it will translate... — read more
I to have been cut from LabCorp and they do in fact keep the employees with least seniority and experience. I was rehired by LabCorp into a much lower paying position and later climbed my way up and surpassed. However, you never fully gain trust or... — read more
Labcorp is cutting positions based on salary not performance, so the high producers that built decent incomes over the years will be cut in favor of the lower paid low performers. It works short term but it is devastating in the long term. So much... — read more
What are your thoughts about potential Laboratory Corp of America Layoffs in 2019?
LabCorp had layoffs in Central NY today; both at their Syracuse and Utica locations. Rumor has it that it is supposed to be the start of a nation-wide layoff? Can anyone confirm?
Formal notices out, and it's not cool... "It'll be just under 200 workers affected, about 195 positions," he says. "This shouldn't be a surprise (to employees), but formal notice went out today."... — read more
What do you think, what our likelihood of having layoffs in Burlington.