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Abbott plans 'very small' layoff
July 19, 2008
NEWS-SUN STAFF REPORT
NORTH CHICAGO -- Abbott Laboratories will lay off a "very small number" of employees in coming weeks as part of what a company spokesman termed a departmental restructuring.
Abbott spokesman Kurt Ebenhoch, while declining to say how many employees will be affected, said Friday that the company is "making a few changes in our diagnostics unit (to) improve our business efficiency."
The cuts will include management-level employees at Abbott Park.
Late last year, the company laid off some 1,200 people from manufacturing jobs in California and Ireland. That number represented less than 2 percent of Abbott's global work force of 65,000.
News of the latest cuts came two days after the company announced strong worldwide sales and net income during the second quarter, which ended June 30.