Medtronic: More job cuts ahead in 2012

September 14, 2011 by MassDevice staff

Medtronic has already cut more than 1,400 positions in 2011 and is looking to shed about 2,100 positions overall, according to regulatory documents.

Medtronic

Medtronic Inc. (NYSE:MDT) is looking to eliminate about 700 more jobs by the end of its current fiscal year through layoffs and early retirement offers, according to regulatory documents.

The moves are part of a restructuring initiative the company announced in February to reduce its global workforce by 5 percent.

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