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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Joe has told the CEO's to stop producing in the USA and to give all their patents to China companies who will start making their products as they can produce them cheaper and then import them to the USA.