Baxter International Inc. (BAX)

Medical technology, 37,500 employees, 40% U.S.. Read October 2, 2026 from the annual report for the period ending December 31, 2025, filed February 12, 2026. Ranked 27 of the 36 Healthcare companies read so far, by the share within reach now.

The filing states the total and the U.S. count but no count by segment, so the medical equipment and pharmaceutical shares follow segment revenue (c).

The figures on this page come from the company's own annual report and from BLS staffing patterns for its industries, never from a roster. They are estimates with a stated method. Nothing here says what the company will do: within reach is not a forecast of jobs lost or of savings.

What follows from the reading

Share of working time within reach of AI, on the long-run pace at four in five: 18% now, 31% at the end of 2027, 37% at the end of 2028, 39% at the end of 2030. By the patterns, the work is about 39% desk work, 15% people work and 45% body work. These are the site's industry estimates weighted by the shares below: estimates with a stated method and range, not a forecast of what the company will do. By the same patterns, at the end of 2028 about 57% of the working time stays with people (conversation, in-person and hands-on work), 35% becomes checking a model's work and 6% could be handed over with lighter checks, from the industries' own figures, not the company's roles.

Headcount

37,500 employees as of December 31, 2025 (stated). About 15,100 of 37,500 in the United States and 22,400 outside.

The filing: “As of December 31, 2025, after giving effect to the Kidney Care sale, we employed approximately 37,500 people globally, with approximately 15,100 employees in the United States and approximately 22,400 employees outside of the United States.”

The workforce as industry patterns

What the filing says about the workforce: About 37,500 people after the Kidney Care sale, 15,100 in the United States and 22,400 outside; a Start When Certain safety culture program; the elimination of managerial layers under way in 2025.

Companies read with the same leading pattern

Other companies whose largest staffing pattern is also Medical Equipment and Supplies Manufacturing, largest first, each read from its own annual report. Within reach now and at the end of 2028, long-run pace, four in five.

• Abbott Laboratories (ABT, 115,000 employees)17% now, 35% by 2028
• Becton, Dickinson and Company (BDX, 72,000 employees)18% now, 36% by 2028
• Boston Scientific Corporation (BSX, 59,000 employees)18% now, 42% by 2028
• Stryker Corporation (SYK, 56,000 employees)18% now, 38% by 2028

What the filing says about AI

21 sentences in the filing name AI. Twenty-one sentences: the risks of incorporating AI, machine learning and other emerging technologies into products, services and operations, and expanding laws on privacy, AI and cybersecurity.

• “In July 2025, Andrew Hider was appointed as our President and Chief Executive Officer and we continue work to streamline the organization through the elimination of managerial layers that are intended to simplify our organization, accelerate innovation, bring us closer to our customers and improve performance. 2 Operational Excellence We also continue to focus on increasing efficiencies through...”
• “We are exposed to risks associated with incorporating AI, machine learning and other emerging technologies into our products, services and operations.”
• “Increasing regulatory focus on, and expanding laws relating to, privacy, AI, and cybersecurity could impact our business and expose us to increased liability.”
• “The adversarial use of AI also poses unique challenges and may impact real-time detection capabilities and containment efforts.”
• “Further, we expect that the breadth and complexity of our information and technology systems and infrastructure will increase as we work to expand our product offerings to utilize and generate data analytics and potentially AI (which create emerging enterprise risks, including cybersecurity, monitoring, and oversight).”

Its annual reports, year by year

Sentences naming AI in each annual report, counted by one rule, beside the median report in the Index that year. Each count links its filing. Every company, by year and sector

• Fiscal 20210median 0
• Fiscal 20220median 0
• Fiscal 20232median 1
• Fiscal 202422median 4
• Fiscal 202521median 10

Headcount by filing year

As reported in each year's annual report, with the filing. A year marked not read had no figure the reading could take from the report's text.

Limits of this reading

• No count by segment: the medical equipment and pharmaceutical shares follow segment revenue (c).
• The count is after the Kidney Care sale; the earlier years in the history include it.

Source: the company's annual report on EDGAR, accession 0001628280-26-007733, the filing. Read by Claude Fable 5.1 under rubric version 1, by the method. A company can write to info@stratussc.com to have its reading checked against its filing.