Hospira says it plans to shutter a plant in Clayton, N.C., where it makes generic injectable drugs.
Amedica shares take a hit as it reveals a restructuring plan that included job cuts for 25 employees, or 28% of its workforce.
Amedica (NSDQ:AMDA) shares slumped today after the medical device company said it laid off 28% of its workforce as part of an improvement plan.
Kips Bay Medical says it's laying off nearly 40% of its workforce as it restructures to focus on its eSVS mesh for bypass grafts.
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.