Company fires a very tenured, and not overly paid, impactful legacy team to trim the fat before a corporate buyout - Laboratory Support Services Specialist Exact Sciences Employee Review

2.0
28 Apr 2026
Recommend
CEO approval
Business outlook

Pros

Quarterly bonuses available based on position and company's current performance. Stock awarded in addition to compensation increase during Q1 of each year

Cons

I got fired 2 hours after I had my quarterly review stating I was doing a great job and making a big difference for the department and the customers we served. My entire department was eliminated on a Monday afternoon, with VP leadership stating a need for outsourcing and cost-cutting measures, the typical "we need to be agile to stay competitive" and "think lean with our spending", the typical corpo speak for "we are cutting positions because AI and we want more money". The very next morning, the company had an earnings call with investors and announced they had their most profitable quarter ever in the company's history. A month later, the company announced it was being bought out by Abbott Laboratories.

Explore other reviews about Exact Sciences

5.0
22 May 2026
Recommend
CEO approval
Business outlook

Pros

Really enjoyed my time at Exact

Cons

None at this time. Great

1.0
24 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Pay, benefits, free food sometimes

Cons

They will work you like a dog, they allow people who have stalked and sexually harassed coworkers to continue to work there FOR OVER A YEAR until we were acquired by Abbott and they wanted to clean up the HR cases to make it look nice, the leadership does not know what they’re doing on a good day, they frequently tell you “how am I supposed to know what’s going on” so depend on your fellow scientists. They let us breathe in carcinogenic fumes that burned your nose and throat for SIX MONTHS while they waited to install a fume hood, they say they will be there to support you but would sacrifice your physical and mental health to get one more set done.

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