Abbott reviews

Lack of leadership and paralysis in management decision making has led to a total breakdown in employee morale. Layoffs are expected on a quarterly basis leading to complete disengagement of employees. Most of the younger people are hoping for a severance package in the next round of layoffs and the older people are just hoping to hold out until their retirement kicks in. Murky horizon for new R&D projects and declining sales in vascular products has squeezed out much of the talent in all divisions of the company. Hierarchical structure of company coupled with highly politicized in-fighting between groups has eliminated project collaboration and restricted innovation. The attitude throughout management is a complete lack of accountability for the direction of the company.

Senior management only care about the bottom line and not the staff. Top level management only there for stepping stone up the corporate ladder.