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.
Integra Lifesciences cut 49 jobs from its Massachusetts facilities in December, according to a WARN notice filed with the Commonwealth of Massachusetts
Integra LifeSciences (NSDQ:IART) cut 49 jobs from its Massachusetts facilities late last year, according to a WARN notice filed with the Commonwealth.
MassDevice.com takes a look at how the numbers thrown around about job losses from the medical device tax are calculated.
For going on 5 years now, opponents on both sides of the fight over the medical device tax have engaged in a rhetorical war about the number of jobs that will be lost to the levy.
Hospira says it plans to shutter a plant in Clayton, N.C., where it makes generic injectable drugs.