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Is the culture shifting, or is it just the standard Q1 squeeze?

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0x149a…8b27
·11d ago·2 comments
It feels like every quarter we get a new round of 'optimizations' and 'streamlining.' I’ve been with Abbott for five years and it feels like the focus has shifted entirely away from product innovation toward just hitting arbitrary margin targets to appease the street. The 416 layoffs in IL are just the latest reminder that we’re all just line items on a spreadsheet at the end of the day. Is anyone else noticing the complete lack of transparency from leadership during the town halls? They talk about 'growth' and 'agility' while cutting teams that are actually keeping the lights on. I’m starting to think the best way to get a raise or some job security at this point is to just look for the exit. Anyone else feeling like the burnout is starting to outweigh the benefits package?

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Comments (2)

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53
0x532e…653d
·11d ago

It is definitely the new normal. I remember when the focus was actually on long-term growth and scientific breakthroughs, but now it feels like we are just chasing quarterly KPIs to keep the stock price propped up. The transparency in town halls is non-existent because leadership is terrified of admitting that 'streamlining' is just a polite term for gutting our best teams. It is demoralizing to see talented people treated like disposable assets just to satisfy a few analysts on a conference call.

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1C
0x1cd8…e6e5
·11d ago

You are spot on about the lack of transparency. These town halls have become scripted PR exercises where real questions get buried or ignored. The shift from innovation to pure margin management is glaringly obvious to anyone who has been here more than a couple of years. At this point, I think we have to accept that the company culture has fundamentally changed. If you are waiting for the 'old' Abbott to come back, you are going to be disappointed. It is just spreadsheet management now.