Category: LayoffsSyndicate content

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.

Accellent loses 2 plants, cuts about 200 workers amid merger

September 10, 2014 by Arezu Sarvestani

Massachusetts-based Accellent announces plans to close plants in Colorado and Ireland as the company integrates with Lake Region Medical.

Accellent loses 2 plants, cuts about 200 workers

Accellent is preparing to close doors on a couple manufacturing facilities as the device maker navigates its integration with Lake Region Medical Center.

Accellent said that it will close down a plant in Arvada, Colo., resulting in layoffs for some 200 workers. The company is also planning to consolidate a pair of Galway, Ireland, facilities into a single location, but hopes to keep most of those employees.

Invacare to cut another 190 workers amid tough year

August 21, 2014 by Arezu Sarvestani

Invacare blames a poor 1st-half and "slow start" to Q3 for restructuring measures that will reduce its workforce by nearly 200 employees.

Invacare to cut 200 workers after a slow year

Ohio-based Invacare (NYSE:IVC) is conducting another round of layoffs as it continues to struggle through the year.

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Analogic cuts jobs 'across the board' | MassDevice.com On Call

August 6, 2014 by Arezu Sarvestani

Analogic announces plans to lay off 50 workers from various departments in efforts to save $6 million.

MassDevice.com On Call

MASSDEVICE ON CALL — Struggling Analogic (NSDQ:ALOG) announced this week that it will cut 50 jobs from various divisions in order to help cut costs in coming years.

The company didn't offer many details about the layoffs, but said that the measure will help reduce costs by about $6 million starting in Q1 2015.

Smith & Nephew shifts jobs to China

July 31, 2014 by Arezu Sarvestani

Smith & Nephew confirms that it's cutting some of its U.K. manufacturing jobs and moving the positions to a plant in China.

Smith & Nephew shifts jobs to China

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Layoffs: St. Jude cuts 274 in California

July 25, 2014 by Arezu Sarvestani

St. Jude Medical informs California state regulators that it's planning to lay off 274 from a facility in Sylmar.

Layoffs: St. Jude cuts 274 from California plant

St. Jude Medical (NYSE:STJ) is about to hand out more than 270 pink slips to employees at a facility in Sylmar, Calif., according to a notice filed with the state's Employment Development Dept.

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Allergan cuts 1,500 jobs, faces SEC complaint

July 21, 2014 by Arezu Sarvestani

Botox-maker Allergan announces restructuring measures that will cut 13% of its global workforce as the company sinks deeper into a months-long battle against activist investors and attempts at a takeover.

Updated July 21, 2014, at 12:40 p.m. EST with additional information on Allergan's earnings.

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