The impact of cuts in the NIH & NSF budget on the industry behind research (regents, test kits, lab supplies, etc) will be huge. In my community LabCorp, Fisher and Carolina Biologicals all have facilities—they will be devastated.Thermo Fisher alone has a workforce of around 122,000 employees 1/2 - ThreadSky

peiferlabunc.bsky.social • 10 days ago

The impact of cuts in the NIH & NSF budget on the industry behind research (regents, test kits, lab supplies, etc) will be huge. In my community LabCorp, Fisher and Carolina Biologicals all have facilities—they will be devastated.Thermo Fisher alone has a workforce of around 122,000 employees 1/2

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brooklynkid53bskys.bsky.social•9 days ago

This might be true, or it might just be nonsense

Looking at the stock price for thermo, investors don't seem that worried

peiferlabunc.bsky.social•9 days ago

They should be....

peiferlabunc.bsky.social•10 days ago

There are so many working class jobs on the line—its not just PhDs, it’s the plumbers and electricians at my University that repair University buildings and equipment, and the millions employed in the support industries 2/2

kerryjl.bsky.social•10 days ago

Yes, and near campus businesses that sell food and other items to people working at the University and science institutions.

oponiak.bsky.social•9 days ago

Don’t forget the delivery services, too.

labonnelab.bsky.social•10 days ago

And all of the biotech and pharma industry is staying very quitet but we train their workforce

deniswirtz.bsky.social•9 days ago

and generate a lot of the necessary IP that make drug development feasible.

springdaygardener.bsky.social•10 days ago

IQVIA/Q2 has a large research campus in RTP as well with full flow, genomics and vaccine facilities as well.

lancetungsten.bsky.social•10 days ago

Duke and UNC - crushed

peiferlabunc.bsky.social•10 days ago

and State

lancetungsten.bsky.social•9 days ago

Yup

samstehbens.bsky.social•10 days ago

Australia doesn’t manufacture any life science reagents (maybe fbs?). It’s going to hit us here too sadly. It will become prohibitively expensive to do research on a university budget. 🥺

peiferlabunc.bsky.social•10 days ago

FTS (fetal Kangaroo serum)???

samstehbens.bsky.social•9 days ago

We tried kangaroo collagen- lots in their tail. Didn’t work out so well 😂

thelasttheorist.bsky.social•10 days ago

And it spreads out from there. When I was in the prototype business we routinely made models of new plastic housing designs for Thermo Fisher Niton. There's going to be an unraveling of the multiplier in addition to the direct effects of the cuts.

prunesqualler.bsky.social•10 days ago

Thermo fisher is shit though

pndrp.bsky.social•10 days ago

I hope DOGE lets BLS report them in the unemployment statistics. I also hope these people are not hit so badly they have to rely on Medicaid.

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