Siemens misses the mark with its fiscal 2nd-quarter results and says it will slash another 4,500 jobs from its global workforce.
Actavis, the new owner of Allergan, reportedly plans to lay off 577 workers in Irvine, Calif.
Tecomet plans to shutter plants in Massachusetts and Indiana that it acquired along with Symmetry Medical's OEM business last year, meaning layoffs for 319 workers.
Cardica says it will lay off about 24% of its workforce in a bid to conserve cash as it tries to get its MicroCutter Xchange 30 surgical stapler on the U.S. market.
Cardica (NSDQ:CRDC) this week said it's laying off nearly quarter of its workforce in a bid to conserve cash as it tries to get its MicroCutter Xchange 30 surgical stapler off the ground.
Surgical Specialties plans to shutter a plant in Reading, Pa., meaning layoffs for about 254 workers.
Surgical instruments maker Surgical Specialties is planning to permanently shutter a plant in its hometown of Reading, Pa., this spring, meaning layoffs for roughly 254 workers.
MRI Interventions says it plans to shutter its Memphis operation, laying off all workers there, as it consolidates in California; appoints ex-Pro-Dex honcho Harold Hurwitz as its new CFO.
MRI Interventions (OTC:MRIC) said it plans to shutter its plant in Memphis in May and lay off all the workers there as the consolidates in Irvine, Calif.
Sonova Holding plans to move jobs out of Switzerland and freeze salaries there to cope with an unexpected surge in the value of the franc.