Company going through major reorganization with quarterly layoffs - Anonymous employee Abbott Employee Review

2.0
Feb 1, 2014
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good Benefits, with Pension and Profit Sharing

Cons

New Employees unlikely to see Pension and Profit Sharing, poor Medical Insurance for a healthcare company. Work Life-Balance to suffer as company keeps cutting people. Abbott Labs is the 4th worst company for layoffs in the Healthcare Industry

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5.0
Jun 3, 2026
Recommend
CEO approval
Business outlook

Pros

Work life balance is great

Cons

Remote work opportunities are minimal.

2.0
Jun 1, 2026
Recommend
CEO approval
Business outlook

Pros

Strong brand recognition and leadership position in diabetes technology. * Opportunity to work with innovative products that positively impact patients’ lives. * Talented and dedicated colleagues across many functions. * Competitive compensation and benefits

Cons

Leadership quality varies significantly across departments, with some areas experiencing challenges related to communication and transparency * Expectations and role priorities can shift without sufficient communication or alignment, making it difficult for employees to understand how success is measured * Employees may not always receive consistent coaching, support, or constructive feedback needed for professional growth. * Some teams may experience a culture that feels fear-based rather than collaborative (Market Access) * Concerns raised by employees may not always be addressed through direct, productive dialogue. * In certain groups, the work environment can feel exclusionary or politically driven, limiting opportunities for meaningful collaboration.

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