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GI Dynamics to lay off 10% of workforce

December 9, 2014 by Brad Perriello

GI Dynamics says it plans to lay off 10% of its workforce, including longtime CFO Robert Crane, as part of a restructuring plan that's still under development.

GI Dynamics to lay off 10% of workforce

GI Dynamics said yesterday that it's planning to cut 10% of its workforce as it develops a restructuring plan.

The move includes the departure of longtime CFO Robert Crane effective immediately, according to a press release. Lexington, Mass.-based GI Dynamics reported 67 employees in its 2013 annual report.

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Abbott Vascular lays off 100 in California

November 13, 2014 by Brad Perriello

Abbott Vascular reportedly lays off 100 workers at a plant in Temecula, Calif.

Abbott Vascular lays off 100 in California

Abbott Vascular (NYSE:ABT) is laying off about 100 workers at a California plant it acquired when it bought a portion of Guidant Corp. in 2006.

Reports: Smith & Nephew shutters Florida wound management unit, layoffs for 108

November 11, 2014 by Brad Perriello

Smith & Nephew is reportedly shuttering a wound management unit in St. Petersburg, Fla., meaning layoffs for the 108 workers there.

Reports: Smith & Nephew shutters Florida wound management unit, layoffs for 108

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BD buys Irish next-gen sequencing startup GenCell Biosystems

October 15, 2014 by Alexander Soule

BD has acquired GenCell Biosystems, an Irish startup with a system to automate the creation of "libraries" that help scientists sequence gene information, while reportedly cutting jobs in California.

BD buys Irish next-gen sequencing startup GenCell Biosystems

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Report: Teleflex expands in Czech Republic

September 25, 2014 by Brad Perriello

Teleflex reportedly plans an expansion of its catheter production operations in the Czech Republic.

Report: Teleflex expands in Czech Republic

Teleflex (NYSE:TFX) reportedly plans to expand its catheter production operations in the Czech Republic, where it already has some 700 employees.

Abbott Vascular to shutter Texas plant, move 50 jobs to California

September 23, 2014 by Alex Soule

Abbott Vascular plans to shutter a plant in Texas that makes its Supera peripheral stents as it shifts production and 50 jobs to another plant in California.

Abbott Vascular to shutter Texas plant, move 50 jobs to California

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Allergan cuts 129 workers amid hostile takeover battle

September 12, 2014 by Arezu Sarvestani

California-based Allergan informs state regulators that it plans to permanently lay off 129 employees.

Allergan cuts 129 workers amid hostile takover battle

Embattled aesthetic devices maker Allergan (NYSE:AGN) informed California state authorities that it plans to cut 129 workers over the next few weeks.

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