Medical devices companies in 2012: The year of the layoff

December 31, 2012 by MassDevice staff

9. Invacare announces layoffs in Ohio following FDA injunction

Medical device maker Invacare laid off nearly 150 from an Ohio manufacturing facility, citing a "decline in production" following an injunction agreement with the FDA.

Read more

8. St. Jude exec: Layoffs not directly tied to medical device tax

St. Jude Medical's John Heinmiller, a vice president at the medical device company, downplayed the notion that job cuts were tied to the medical device tax, calling the levy one of many price pressures facing the business.

Read more

7. Covidien denies layoffs tied to device tax

Contrary to a widely circulated statement, Covidien's decision to cut workers and shift production overseas was not motivated by the impending medical device tax, the company said.

Permalink