Abbott lays off 120 from California stents operation
June 17, 2010 by MassDevice staff
Abbott Laboratories lays off 120 workers in California, the majority of whom worked in the company's stent manufacturing operation there.
Abbott Laboratories (NYSE:ABT) laid off 120 workers from its California stent-making operation.
The Abbott Park, Ill.-based company laid off 101 workers from its Temecula and Murrieta vascular stent manufacturing facilities in the Golden State. The remaining 19 workers were let go from the company's Santa Clara, Calif., location.
Abbott spokesman Jonathon Hamilton wrote in an emailed statement that the layoffs were "part of its regular business review process."
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