Thread regarding Boston Scientific Corp. layoffs

october layoffs?

there's been a lot more rumblings about layoffs this month along with more reorgs. the chatter this week has been pretty heavy especially with aop planning going on. anyone else been hearing things?


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| 375 views | | 16 replies (last 13 days ago) | Reply
Post ID: @OP+1m4gp1nc4

16 replies (most recent on top)

Found out on Wednesday after 12 years that I’m being laid off at the end of the year and I was part of an ongoing clinical trial and thought I was safe.

It’s like a kick in the gut after I just got an award about two weeks ago.

Horrible

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Post ID: @3a0+1m4gp1nc4

The cuts are only 55-65% done according to Q3 business results meeting. Can we expect another round in January before the Q4 results?

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Post ID: @38w+1m4gp1nc4

Any leadership changes or resignations for poor business performance? People at the top need to look into the mirror and blame themselves vs others. Good luck everyone.

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Post ID: @35b+1m4gp1nc4

@303 I'm so sorry, what department?

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Post ID: @304+1m4gp1nc4

I was just impacted by this, and I’ve been crying for hours, trying to hide the pain from my family. The sense of dread is overwhelming, and I can’t shake the feeling of being completely blindsided by the company after so many years of service and countless extra hours of hard work. This is how they repay us.

I understand that, at the end of the day, business decisions are business decisions and that we’re ultimately just numbers on a spreadsheet. But that doesn’t make the feeling of being gaslit any less real. It’s hard to emotionally detach when a company makes you feel valued and leads you to believe that you matter, only to turn around and let go of the very people who have been raising concerns, advocating for quality, and genuinely trying to help.

When leadership continues pushing the business to move faster at the expense of quality, it’s heartbreaking to see the employees who have been trying to do the right thing become the first ones to pay the price. After everything we’ve given, it’s hard not to feel betrayed, disillusioned, and deeply hurt.

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Post ID: @303+1m4gp1nc4

NM hit Monday, Urology and Vascular Tuesday and today Cardiology. I know of 5 people who received their Cardiology email notifications last night for meeting with HR and they range from directors and managers to ICs. They are letting go of so many high performers and it is hard to imagine what this company will even look like when this is all said and done.

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Post ID: @2yd+1m4gp1nc4

Today was rough across Urology. Seeing so many senior managers and associate directors let go is awful, especially when they were high performers everyone respected. From what we are hearing, the cuts hit everywhere from Irvine to MN and Costa Rica to Israel. With that level of leadership suddenly gone, all that workload is about to land squarely on the people left behind. morale took a huge hit today and a lot of folks are already talking about looking elsewhere because of how unstable things feel right now.

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Post ID: @2x3+1m4gp1nc4

The cuts are very real in cardiology/vascular. I'm not privy to much cardiology but vascular has been gutted. These layoffs have basically ki-led off whole product categories because there just aren't enough engineers left. The names that have been laid off are also a grim portent for the company. A lot of very high performing individuals in those areas.

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Post ID: @2wn+1m4gp1nc4

it started yesterday in urology and today in cardiology and im sure there are more bu's affected. more will continue tomorrow. all notifications need to be done before the business update on thursday.

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Post ID: @2w5+1m4gp1nc4

It’s tomorrow is what I just heard.

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Post ID: @2pn+1m4gp1nc4

no announcements on reorgs or other things yet. The board meets on oct 22nd so maybe they need their approval before they can do anything like they did back in july. I've been hearing more about announcements happening next week before the Q3 business update.

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Post ID: @24f+1m4gp1nc4

@15q nearly end of day nothing yet

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Post ID: @1a6+1m4gp1nc4

@aq I have heard the same apparently announcement tomorrow

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Post ID: @15r+1m4gp1nc4

Apparently an announcement tomorrow Friday is what I have heard.

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Post ID: @15q+1m4gp1nc4

No big move yet, but there are a few teams already begin the restructuring

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Post ID: @qw+1m4gp1nc4

Yes I hear before the update call at the end of the month, so same idea as July. Nothing definitive, just the rumor.

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Post ID: @aq+1m4gp1nc4

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