De la Cruz et al. v. Thermo Fisher Scientific (Unpaid Wages, Break Policies) Thermo Fisher Scientific paid $4.7 million to settle a California employee class action lawsuit over the company’s policies of not paying employees for all hours worked, including overtime, and failing to provide meal and rest breaks. Misconduct Type
Full Answer
Are Thermo Fisher and Fisher Scientific the same company?
In May 2006, Fisher Scientific and Thermo Electron announced that they would merge in a tax-free, stock-for-stock exchange. The merger closed on November 9, 2006 and the merged company is now called Thermo Fisher Scientific. The merger was valued at $12.8 billion.
What companies are owned by Thermo Fisher?
Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD.
What is Thermo Fisher best known for?
Thermo Fisher Scientific is a self-described “world leader in serving science.” The company, whose brands include Thermo Scientific, Applied Biosystems, and Patheon, among others, is a global provider of scientific instruments, software, and services for laboratories in a wide range of industries as well as in ...
Who are Thermo Fisher's customers?
Thermo Fisher's customers are hospitals and commercial laboratories around the world, and fast equipment turnaround times can literally be a matter of life and death for end users. In 2015, Thermo Fisher did an evaluation of various field service providers.
Does Thermo Fisher Scientific pay well?
The average Thermo Fisher Scientific salary ranges from approximately $36,973 per year for Machine Operator to $193,000 per year for Senior Director of Engineering. Average Thermo Fisher Scientific hourly pay ranges from approximately $13.86 per hour for Production Assembler to $59.79 per hour for PMO Manager.
Who are Thermo Fisher Scientific competitors?
Thermo Fisher Scientific competitors include Agilent Technologies, Beckman Coulter, Bruker Corporation and Bio-Rad Laboratories.
What kind of drug test does Thermo Fisher use?
Thermo Scientific has 510(k) approved oral fluid assays for CEDIA Amphetamine, Methamphetamine, Cocaine, Cannabinoids (THC) Opiates, and Phencyclidine (PCP). 4 The majority of oral fluid test kits are for forensic use only.
Is Thermo Fisher a Fortune 500 company?
N.A. Includes revenues from discontinued operations. Before they were famous, they worked WHERE?...Our annual ranking of America's largest corporations.Rank # of Fortune 500 CompaniesNew York502 more rows
Is Thermo Fisher a big company?
For the 2020 Global 2000, Thermo Fisher recorded $25.6 billion in sales, $3.7 billion in profit and $132 billion in market value.
How many companies has Thermo Fisher acquired?
Thermo Fisher Scientific has acquired 65 companies, including 13 in the last 5 years. A total of 22 acquisitions came from private equity firms. It has also divested 8 assets. Thermo Fisher Scientific's largest acquisition to date was in 2021, when it acquired Pharmaceutical Product Development for $17.4B.
Is Thermo Fisher a buy?
Out of 9 analysts, 5 (55.56%) are recommending TMO as a Strong Buy, 2 (22.22%) are recommending TMO as a Buy, 1 (11.11%) are recommending TMO as a Hold, 0 (0%) are recommending TMO as a Sell, and 1 (11.11%) are recommending TMO as a Strong Sell.
How does Thermo Fisher make money?
Thermo Fisher supports the global healthcare and life sciences industries and earns roughly half of its revenue outside of the United States. The stock has been a juggernaut, and importantly, its success in recent years has been driven almost entirely by the business and not by investor speculation.
What products does Thermo Fisher make?
Laboratory EquipmentCentrifuges.Incubators.Laboratory Ventilation.Cold Storage Products.Ovens and Furnaces.Sterilizers and Autoclaves.Hotplates and Stirrers.Baths.More items...
Is Thermo Fisher a Fortune 500 company?
N.A. Includes revenues from discontinued operations. Before they were famous, they worked WHERE?...Our annual ranking of America's largest corporations.Rank # of Fortune 500 CompaniesNew York502 more rows
What does Thermo Fisher manufacturer?
Thermo Fisher Scientific has developed a range of process, testing, and analytical solutions for semiconductor and integrated circuit manufacturers, petrochemical refineries, steel, aluminum, plastics, rubber, and nonwovens manufacturers, water analysis facilities, and more—all aimed at helping you achieve your ...
Does Thermo Fisher own Gibco?
Life Technologies was acquired by Thermo Fisher Scientific in January, 2014. Our innovative life science, applied science, and clinical products are now found under the Applied Biosystems™, Invitrogen™, Gibco™, Ion Torrent™, and Molecular Probes™ brands.