Invacare blames a poor 1st-half and "slow start" to Q3 for restructuring measures that will reduce its workforce by nearly 200 employees.
Ohio-based Invacare (NYSE:IVC) is conducting another round of layoffs as it continues to struggle through the year.
Analogic announces plans to lay off 50 workers from various departments in efforts to save $6 million.
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 confirms that it's cutting some of its U.K. manufacturing jobs and moving the positions to a plant in China.
St. Jude Medical informs California state regulators that it's planning to lay off 274 from a facility in Sylmar.
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.
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.
Medtronic lays off 40 workers in its Fridley, Minn., headquarters and at its Mounds View, Minn.-based cardiac rhythm disease management and structural heart divisions.
Medtronic (NYSE:MDT) is laying off some 40 workers in its Minnesota home base, the medical device company told the Minnesota Dept. of Employment & Economic Development in April.
Johnson & Johnson orthopedics subsidiary DePuy Synthes confirms that it's undertaking layoffs in order to overhaul its operating model.
Johnson & Johnson's (NYSE:JNJ) DePuy Synthes division confirmed today that it's cutting around 2% of its 23,000-member workforce as the company weathers shifts in the healthcare market.