BREAKING: Advanced Bionics Layoffs


BREAKING NEWS: Advanced Bionics lays off 150 100+ employees in the wake of the FDA-ordered Recall Production Halt, including longtime field support staff.  Details to be posted as they become available.

Posted 11:15 PM January 14, 2011

UPDATE 1A: We have received additional reports after the first one received Friday 11:00PM  that the number of layoffs is “slightly over 100.” We can confirm that there was one unnamed layoff at Rixheim; Linda Luallen being laid off from Valencia; Phil Ives, Ph.D being laid off in Denver; and we are still awaiting reports from Hannover and AB-UK

CLARIFICATION: We received an email from a very upset friend, Terri Ives, Ph.D, about us naming her husband Phil as one of the 100+ that was laid off in Update 1 published on Monday; with the implication that he was the source of the leak on Friday night when we broke the story to the world — He was .NOT. our source. Instead, we happened to see a post on his wife’s Facebook page on Sunday that Phil was laid off. Phil and Terri are both honorable and trustworthy professionals; and anyone implying anything to the contrary will be met with the Full Force of this publication~

Update 1A posted 3:00 AM January 19, 2011

Clarification posted 8:00 PM January 20, 2011

UPDATE 2: We are in receipt of an unusual email from Jennifer Raulie, an Audiologist at Advanced Bionics whom we know, sent Monday afternoon to a reader of this publication. Here is an excerpt:

My name is Jennifer and I am one of the audiologists on staff at Advanced Bionics. I was reviewing the Hearing Journey [URL added: Ed.] today and came across several of your posts. Welcome to the online community! It is nice you see you there! I just wanted to reach out to you to let you know that the information in the links to The Hearing Blog you posted is absolutely false and not based on any factual information. The person that runs this blog has no connection to Advanced Bionics or Sonova and in fact is not even a CI recipient of any brand. It was clear to me, from reading your posts you figured this out on your own, but I just wanted to reassure you that what you read was in fact garbage.

We would like to remind Ms Raulie that Sonova Holding AG (SOON.VX) is listed on the Zurich Exchange; and her denial — “what you read was in fact garbage” — of their  Advanced Bionics subsidiary’s  layoffs could be construed by Swiss and EU regulators as making  materially false statements about the financial condition of a publicly traded corporation.

As we have previously stated, we are in no way affiliated with any corporation or other entity; and we accept no advertising; and for that, we thank Ms Raulie for emphasizing that point.  However, the Editor, Dan Schwartz, must take exception to a cheap shot by Ms Raulie when she wrote “in fact is not even a CI recipient of any brand.” That is indeed true, as although Mr Schwartz is a candidate for cochlear implants, he is not a user yet due to insurance issues. Why Ms Raulie chose to raise this extraneous issue cuts to the very core of her letter: Instead of explicitly addressing the issues she, as a spokeswoman for her employers, factually disputes, all she can do is resort to name-calling.

Our answer to Ms Raulie, Sonova, and Advanced Bionics is this: Tell us explicitly where we are wrong, supply us with documentation so we can verify your claim; and we will promptly correct the record. Please address your correspondence to Dan@Snip.Net: We are awaiting your reply.

Update posted 3:00 AM January 19, 2011

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About the author

Dan Schwartz

Electrical Engineer, via Georgia Tech

13 Comments

  1. roborob
    January 15, 2011 at 9:24 pm

    I suggest you view this page and think before you make posts like this:

    http://www.eff.org/issues/bloggers/legal/liability/defamation


    • Supervisor
      January 16, 2011 at 12:07 am

      Robo Rob: Truth is an absolute affirmative defense.
      I have also offered Advanced Bionics a chance to comment and/or refute any of my contentions. Their silence speaks volumes.


  2. someone
    January 17, 2011 at 6:00 pm

    B.S. that’s all I have to say about this entire blog. You seriously expect people to believe all this garbage?


    • Supervisor
      January 18, 2011 at 2:50 am

      Anonymous, I don’t care if you believe it or not. If you choose to drink the KoolAid, that is up to you.


  3. Roborob
    January 17, 2011 at 8:17 pm

    I contacted AB and they have stated via email that your claim is absolutely false.


    • Supervisor
      January 18, 2011 at 3:02 am

      Roborob: I have three more independent reports on the layoffs, including the one layoff from Rixheim. Also, although the first report had 150 layoffs listed, two of the three subsequent reports had the total as just over 100.

      That being said, can you please forward to us the email — including headers — from Advanced Bionics: If indeed this was sent after 11PM EST on Friday, when I got the first report, they are in a whole lot of trouble with Swiss and EU securities regulators for making materially false statements about the financial condition of a publicly traded company, as Sonova is traded on the Zurich stock exchange. [Since Sonova is NOTtraded as an ADR on any of the US exchanges, most likely they will escape any SEC jeopardy]

      Please copy and paste the entire message into a comment here, and I’ll publish it unedited and unredacted; or forward it to me at Dan@Snip.Net and ask that I redact your information.

      ~Dan


  4. roborob
    January 18, 2011 at 9:08 pm

    I emailed you the letter. I stand corrected, please use as you see fit. Thank you.


  5. patti
    January 20, 2011 at 12:44 am

    Wall Street Journal confirms job cuts
    http://online.wsj.com/article/BT-CO-20110118-707477.html


  6. Jeffrey
    January 22, 2011 at 12:39 am

    Clipping a quote from one of your comments…

    “The duration I was not aware of”

    It’s beginning to seem like the “…I was not aware…” part is becoming a theme.


  7. Joe
    January 29, 2011 at 4:17 am

    You made some good points there. I did a search on this topic and found most people will agree with your blog.


  8. Harrison Knupp
    February 2, 2011 at 6:57 am

    my God, i thought you were going to chip in with some decisive insght at the end there, not leave it
    with ‘we leave it to you to decide’.


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