Abbott Nutrition

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anonymous said:
Yes major changes to come. Adult nutrition is moving to a consumer goods division not science based. Outpatient reps to be gone by Feb 2018. The good ones will fill regional outpatient roles[/QUOTE

I figured they would eventually do that to reduce overhead so they could be priced more competitevly. How do you know this is happening?
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I've heard that Younger reps and top performers are on their way out or have already left for companies they can make much more money with since they don't have gray subjective bonus measures that don't reflect how good of a rep they are. The only reps left (if their isn't a layoff like stated above) will be tenured reps trying to max their pension before retirement and reps who are fine with putting in mininal effort and getting a below industry bonus that is completely out of their control.
 






In its dealings with Phoenix Intelligence P/L regarding an RFP for supply of media auditing services in 2017 Abbott Nutrition Vietnam, a subsidiary of US registered company Abbott Laboratories, is alleged to have engaged in illegal and unethical conduct in a foreign market to contravene the FCPA under Chapter 8 of the FSG as amended 2004, and the Sarbanes-Oxley Act.

Abbott's alleged dishonest and unethical conduct between February and May 2017 is summarized as;
1. Repeated misrepresentations on March 8 and 9 designed to falsify Abbott's intentions regarding approval/proceeding with Phoenix's audit proposal.
2. Copying and publishing a total of 33 items of confidential information stolen from Phoenix's audit proposals clearly marked as “strictly confidential” and distributing this information to competitive audit companies in the form of;
(a) An audit brief issued March 21 that purloined "all rebates and discounts are passed to Abbott" as the audit’s primary objective and listed all 10 Phoenix service descriptions (and objectives) to frame the audit's scope,
(b) A document titled Q&A issued March 23 responding to queries from competitive audit companies that restated the above objectives and service descriptions and disclosed Phoenix’s strategy for recovery of rebates, and
(c) A revised audit brief issued March 27 in the form of 17 verbatim and reworded service objectives and strategies distributed to competitive audit companies.
3. Denial of any responsibility for financial losses incurred by Phoenix as a result of Abbott's disclosure of confidential information thieved from audit proposals.
4. Failure to act in an honest, fair and ethical manner in violation of Abbott's stated code of business conduct as well as breaches of confidentiality and trust.
5. Intimidation by T&G Law Firm on behalf of Abbott in an email dated June 13 that threatened defamation proceedings unless Phoenix abandoned compensation claimed against Abbott, and
6. Extortion applied by T&G Law Firm on behalf of Abbott in an email dated June 26 that demanded Phoenix sign false statements to retract the truth regarding Abbott's dishonorable practices and supported this demand with a threat of unspecified litigation in multiple jurisdictions.

Abbott's senior global management (Mr. Miles White CEO and Mr. Daniel Salvadori EVP) are aware of this behavior and have chosen to remain silent. Because applicable laws in Vietnam impose inadequate penalties as compensation, Abbott apparently believes it can operate dishonorably with impunity.

Abbott Nutrition is a healthcare company with unwholesome business practices and cannot be trusted. Abbott Nutrition has allegedly operated outside behavioral norms of business ethics and legality to benefit itself. The purpose of this posting is to alert suppliers and the Healthcare Industry to Abbott's alleged dishonest and unethical conduct as a matter of public interest.
 










































Rumor has it that Canada laid off a whole lot of people there and basically said " Hey, is there people over there you want get rid of while we're doing this?" So if you were not in the good graces of your manager or Regional Manager you got the boot. This was in Adult Nutrition.
 












Don Patton was right, you guys are nothing but glorified shelf stockers.
You need a massive head count reduction of 30% across the board and sell this
Albatross to Danone or Nestle.
 












I am insulted. I am not a glorified shelf stockers. I am a seasoned Milkmaid who has given my life to this company. Not sure why you keep bring up that bald prck Don Patton. His claim to fame was a plastic container and signing Ty Pennington to sell formula. What an idiot.
 


















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