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 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.
Abbott Vascular reportedly lays off 100 workers at a plant in Temecula, Calif.
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.
Smith & Nephew is reportedly shuttering a wound management unit in St. Petersburg, Fla., meaning layoffs for the 108 workers there.
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.
Teleflex reportedly plans an expansion of its catheter production operations in the 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 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.
California-based Allergan informs state regulators that it plans to permanently lay off 129 employees.
Embattled aesthetic devices maker Allergan (NYSE:AGN) informed California state authorities that it plans to cut 129 workers over the next few weeks.