Location: Galway, Ireland.
Based on news reporting.
Abbott Laboratories has announced the layoff of approximately 300 employees at its facility in Galway, Ireland, effective October 1, 2023. The decision comes as part of a restructuring effort aimed at streamlining operations within the company. Abbott has cited the need to adapt to changing market conditions and improve efficiency as key reasons for the workforce reduction. The layoffs are expected to impact various roles within the facility, although specific departments affected have not been disclosed. This move reflects broader challenges faced by the medtech industry amid economic pressures.
Abbott Laboratories cut 300 jobs as of October 1, 2023.
That is roughly 0.3% of the 114,000 people Abbott Laboratories employs.
LayoffTalk has tracked 3 layoff events at Abbott Laboratories since October 2023, affecting a combined 401 employees.
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