I’ve worked in the medical device industry my whole career and something is definitely up. Traditionally, the environment is hard core, work until you bleed, into the weekends, during Christmas dinner- do whatever it takes to make the numbers. For the last 6 months to a year, maybe longer, my company, along with almost every other one I know of is dealing with backorders... and no real plan to address them, as if it doesn’t matter. Aside from the constant corporate wokeness factor, I received CEO messaging that basically says to take Fridays off now. I have a friend at a competitive company who was recently given similar instructions to work less. Its as if we are winding down and preparing to close the doors. What’s going on?
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Definitely not a great year but things have ramped up considerably. It’s very curious that the CEOs are saying to slow down in a time where all signs point to “hurry up”
"Biden signs deal to buy $2 trillion of medical devices from China in deal that will save millions of lives."
CNN headline circa late 2021
Like how California is letting their reservoirs drain when it's looking to be a very dry year coming up?
What do you mean letting them drain? Any links to verify CA letting reservoirs dry up OR first hand knowledge?
I just had the thought that it could be the swamp has advised them to slow down in order to create an artificial shortage? Or make the shortage worse?
They are expecting Medicare for all. If that happens they expect to lose a lot. No sense in ramping up production just to have to give it all away at cost.