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Urologix completes layoffs, announces preliminary results

April 16, 2014 by Arezu Sarvestani

Minnesota medical device maker Urologix completes the previously announced restructuring of its sales team as the company prepares to release its 3rd quarter earnings.

Urologix completes layoffs, announces preliminary results

Welch Allyn to shutter Oregon plant, lay off 84

April 3, 2014 by Brad Perriello

Welch Allyn says it plans to shutter a plant in Oregon, laying off 84 workers.

Welch Allyn to shutter Oregon plant, lay off 84

Welch Allyn told authorities in Oregon that it plans to shutter a plant in Beaverton in December, laying off the 84 employees who work there.

Utica, N.Y.-based Welch Allyn said in 2012 that it would shed about 10% of its global workforce, or 275 jobs, over 3 years due to the medical device tax enacted as part of Obamacare.

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Steris to lay off 150, close Ohio plant

March 27, 2014 by Brad Perriello

Steris Corp. said it plans to shutter a plant in Ohio and lay off about 150 workers, or nearly 3% of its workforce.

Steris to lay off 150, close Ohio plant

Steris (NYSE:STE) said it plans to close down a plant in its Mentor, Ohio, base and lay off about 150 workers worldwide.

The layoffs represent a 2.5% cut to the workforce at Steris, which employed about 6,000 workers as of March 31, 2013, according to a regulatory filing.

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Olympus abandons U.S. biotech biz

March 10, 2014 by Brad Perriello

Japanese tech giant Olympus is shuttering its U.S. biotech business and looking to sell off the New Hampshire plant that makes the OP-1 bone growth putty it bought from Stryker in 2010, spelling layoffs for some 200 workers.

Olympus abandons U.S. biotech biz

Olympus (PINK:OCPNY) said it's shutting down its U.S. biotech business after failing to "gain the traction necessary to build a broader regenerative medicine portfolio," meaning layoffs for the unit's 200 workers.

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Layoffs continue for Analogic; shares sink following Q2 earnings report, flat outlook

March 7, 2014 by Arezu Sarvestani

Analogic is on track with layoffs and facilities closures announced last year, but ALOG shares dive after the company reports disappointing earnings for its 2nd quarter and projects flat progress for the year ahead.

Layoffs continue for Analogic; shares sink following Q2 earnings report

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Symmetry Medical to shutter UK plant

February 27, 2014 by Brad Perriello

Symmetry Medical says it plans to close a plant in Cheltenham, England, this year, meaning job cuts for 40 workers.

Symmetry Medical to shutter UK plant

Symmetry Medical's (NYSE:SMA) said it plans to close a plant in Cheltenham, England, this year, meaning layoffs for 40 workers there.

The Warsaw, Ind.-based medical device company said the plant makes medical instruments.

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Report: Medtech tax has cost 33,000 jobs already

February 18, 2014 by Arezu Sarvestani

Medical device industry lobbying group AdvaMed reports that about 33,000 medtech jobs have been lost already as companies deal with the medical device sales tax.

Survey: Medtech tax has cost 33,000 jobs already

The medical device industry has already lost some 33,000 jobs as a result of the medical device tax, according to a report from lobbying group AdvaMed.

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