Thread regarding St. Jude Medical Inc. layoffs

When did things start to go down?

A question for old-timers: When did things start to go down? And why?

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Post ID: @OP+EUF79Ek

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Things started getting bad when 4 main divisions were made and got even worse when those 4 became 2. Upper management has no idea what they are doing. They claim that we need to innovate to stay alive yet they focus on CAPAs and discourage looking forward 2 to 5 years on new products. They innovate through acquisition which then leads to layoffs. A few hundred people lost their jobs because of upper managements bad decisions.

Post ID: @2wdg+EUF79Ek

It was never right. 22 years here...

Post ID: @nhk+EUF79Ek

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