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Inside the Lab Industry: Q2 Earnings Decline Despite Rebound in Core Business

Inside the Lab Industry: Q2 Earnings Decline Despite Rebound in Core Business

by Glenn S. Demby | Sep 26, 2023 | Earnings-lir, Lab Compliance Advisor, Laboratory Industry Report, National Lab Reporter

Though COVID-19 testing declines continue to negatively affect lab industry profits, the latest figures suggest the worst may be over.

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2023 Lab Industry Layoffs: Where Do Things Stand?

2023 Lab Industry Layoffs: Where Do Things Stand?

by Rachel Muenz | Aug 24, 2023 | News

An overview of the layoffs announced by major lab diagnostic companies in the first half of 2023 and the key trends.

Lab Company Layoff Ledger: First Half of 2023

Lab Company Layoff Ledger: First Half of 2023

by Glenn S. Demby | Aug 1, 2023 | Industry Buzz-lir, Laboratory Industry Report

In the first half of this year, US companies have cut the second-highest total of jobs since 2009, according to a recent report.

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Inside the Lab Industry: COVID-19 Declines Kill Top Lab Company Earnings but Genetic Firms Rebound

Inside the Lab Industry: COVID-19 Declines Kill Top Lab Company Earnings but Genetic Firms Rebound

by Glenn S. Demby | Jun 1, 2023 | Earnings-lir, Laboratory Industry Report

Yet, despite these declines, Q1 was neither as bad as expected nor totally devoid of positive signs for the future.

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A Timeline of 2023 Lab Company Layoffs So Far

A Timeline of 2023 Lab Company Layoffs So Far

by Glenn S. Demby | May 4, 2023 | Inside the Lab Industry-lir, Laboratory Industry Report

The wave of layoffs, which began last year with the declines in COVID-19 testing sales, has gathered momentum in 2023.

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