NO LOVE AT LABCORP (PAML)

Am I Next? LabCorp layoffs (PAML)

North Carolina based medical testing company Laboratory Corporation Holdings of America (AKA LabCorp) has announced that it will be laying off approximately 200 employees at its Spokane, Washington facilities as it reallocated testing operations to other company locations. According to a LabCorp spokesperson, Don Von Hagen, “LabCorp plans to increase the Spokane facility’s focus on toxicology testing in the future. That work includes drug testing by employers and testing patients for use of illegal drugs.”

Layoffs were anticipated by some industry watchers when LabCorp completed its 2017 acquisition of Spokane-based Pathology Associates Medical Laboratories (PAML -- Pathology Associates Medical Laboratories ) from Iits former owners Providence Health & Services and Catholic Health Initiatives. 

Are you asking yourself, Am I Next?