Medical devices companies in 2012: The year of the layoff
December 31, 2012 by MassDevice staff
Medical devices made a lot of headlines in 2012, and the word "layoffs" was in many of them.
6. Are Medtronic's CRM layoffs a sign of a prolonged slump?
Medtronic confirmed that it would cut about 220 jobs from its cardiac rhythm management business, a division that saw a 9% decrease in the company's 3rd quarter.
5. Layoffs: Medical device companies cut 2,000 jobs in 2 months
Cost-cutting moves by medical device companies resulted in the loss of more than 2,000 jobs over 2 months.
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