Abbott Laboratories Cuts Jobs in Galway Facility
SOURCENews reportView the filing ↗
What we know
Location: Galway, Ireland.
Based on news reporting.
Summary
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.
LayoffTalk has tracked 4 layoff events at Abbott Laboratories since May 2024, including 195 jobs documented in official WARN filings, with 3 additional events known from news reporting.
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