Hologic reviews

No organic growth. Hologic buy companies with technologies they don’t fully understand, then are amazed with the growing pains. Engineers who started with Hologic resented the fact that Gen-Probe engineers had company cars, fantastic stock options, and pay higher then the national average. It lead Hologic engineers calling the GP engineers “entitled”. Hologic engineers also worked 40 hours a week due to the simplistic nature of their acquired Cytec technology. GP sold molecular diagnostic equipment for high-volume labs which required a lot more maintenance and troubleshooting. Due to the complexity of the machines and reference labs requiring immediate service, GP engineers worked long hours and weekends. Hologic was amazed by the overtime GP engineers needed for PMs and some repairs. FSE managers at Hologic merely sign off paperwork and are not involved in actual engineering. Repairs on some instruments would take weeks rather than days, as engineers were not allowed to have there own autonomy in making decisions on the next course of action.

Upper management too focused on current stock price rather than producing good future products and services