Do you think that IT and Marketing might be affected by Abbott and Alere Merger Layoffs 2016? How confident are you that the cuts may take place?
3 replies (most recent on top)
Abbott has outsourced IT to Wipro and last year virtually destroyed their internals. So new staff from both Alere and St. Jude will be put onto the chopping block. Wipro is taking control of everything.
I agree with Greg; shotgun weddings are rarely happy partnerships.
Yes, I do think layoffs are imminent. Abbott has tried to back out of the deal and Alere is forcing them to proceed anyway. Abbott wants to back out because they can't afford both Alere and St. Jude's. If Alere's board forces Abbott to purchase them, as they are doing, Abbott is going to have to cut costs somewhere and layoffs are the "go-to" solution in these types of situations. If I worked in Alere's Marketing department, always one of the first places to be cut, I'd be dusting off my resume at this point.