I have heard that HSIC had lay offs of 300 people and that PDCO has had a hiring freeze since September. Most retail houses are down 15-25% YOY. I believe most of the layoffs will come from manufacturing and support people. The Austin's are good people, the company has lost alot of the family atmosphere when Ken gave control of the company to accountants and lawyers.
People losing their jobs is never a good thing, especially in this business. Unfortunately for Adec, this is partly a sign of the times and partly because Pelton and others have taken significant market share from them. Adec's business model and style is being tested and the market is deciding how it will go.
A-dec is reacting to the downturn and introducing a 300 series, most likely to replace the Performer line. It is designed to be an over-the-patient deliveryunit with a price point around $10k for chair, unit, assistant's pkg, and light. I have seen it and it feels like a $10k package. I am sure they will do well with it because of the name.
While nobody likes layoffs, it usually starts with excess manufacturing staff (fewer orders = less production). Layoffs are often a difficult mnanagement decision, but it is generally done to keep the "meat and muscle" of the company employed while times are tough. As conditions improve, there is nothing to say that people can't be called back. Of course, this is little consolation to those who have lost their jobs and have bills to pay in the meantime. That's why it's always important to network!
It's lucky for most of them that the Pacific Northwest is the epicenter of the Dental Pneumatics business. It will however, be hard to find, a company that has the benefits package and concern for their employees that Adec has shown over the years.
Adec has come out with a more affordabe model...the 300 series. I'll be traveling with an Adec Rep today and will find out more about the model.
As a former RDAEF and now a sales rep you can't eat Adec quality and commitment to their product!!!!!!!!!!