Category: LayoffsSyndicate content

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.

Medtronic lays off 40 in Minnesota

July 7, 2014 by Brad Perriello

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 lays off 40 in Minnesota

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.

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DePuy Synthes confirms layoffs

July 3, 2014 by Arezu Sarvestani

Johnson & Johnson orthopedics subsidiary DePuy Synthes confirms that it's undertaking layoffs in order to overhaul its operating model.

DePuy Synthes confirms layoffs

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.

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Report: J&J to cut 400 jobs from DePuy Synthes division

July 2, 2014 by Arezu Sarvestani

The Wall Street Journal reports that Johnson & Johnson is terminating 400 workers from its DePuy Synthes orthopedics unit amid "seismic shifts" in the healthcare market.

Report: J&J cuts 400 jobs from DePuy Synthes division

Johnson & Johnson (NYSE:JNJ) is letting go of about 400 workers from its DePuy Synthes orthopedics division, according to a report from the Wall Street Journal.

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Bay State gets $1M for Haemonetics' layoffs | MassDevice.com On Call

July 2, 2014 by Arezu Sarvestani

The U.S. Labor Dept. awards Massachusetts $1 million to help provide retraining and job services to terminated Haemonetics employees.

MassDevice.com On Call

MASSDEVICE ON CALL — Workers displaced by Haemonetics' (NYSE:HAE) shift overseas will get a little extra relief after federal labor regulators awarded Massachusetts $1 million for retraining services.

More news of Abbott's headquarters layoffs

June 25, 2014 by Arezu Sarvestani

Another report from Illinois details more restructuring at Abbott Labs' Lake County headquarters, associated with cost-reduction efforts initiated earlier this year.

More news of Abbott's headquarters layoffs

Inside sources at healthcare giant Abbott (NYSE:ABT) revealed that there were new layoffs at the company's Lake County, Ill., headquarters this week, the Chicago Tribune reported.

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CareFusion hits new high, confirms layoffs and outsourcing to Mexico

June 24, 2014 by Arezu Sarvestani

Medtech giant CareFusion hits a new 52-week Wall Street high and confirms plans to fire nearly 400 employees as it moves manufacturing from New Jersey to Mexico.

Updated 6/24/2014 at 5:20 p.m. EST with comments from CareFusion.

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