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The Medical Device Business Journal — Medical Device News & Articles | MassDevice

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Retractable Technologies

Retractable Technologies cuts workforce as it reduces reliance on China amid trade war

April 11, 2025 By Sean Whooley

Retractable Technologies is the latest medtech company to signal the potential impact of tariffs imposed by the Trump Administration. Sweeping tariffs recently announced by the Trump Administration — then paused this week for at least 90 days — have created a stir in the industry. Medtech trade group AdvaMed praised the decision to suspend the […]

Filed Under: Blood Management, Business/Financial News, Drug-Device Combinations, Featured, Wall Street Beat Tagged With: Retractable Technologies

Layoffs in medtech: These companies recently reduced their workforce

December 6, 2024 By Sean Whooley

Medtech layoffs are picking up as 2024 draws to a close. Sean Whooley, Associate Editor, and Chris Newmarker, Editor-in-Chief The medical device industry is closing out the year with a fresh round of layoffs. At this point, MassDevice has reported on more than 22,000 medtech job cuts across the industry since mid-2022. (Have a tip […]

Filed Under: Business/Financial News, Featured, In-Depth Coverage, MassDevice Earnings Roundup, Special Content, Wall Street Beat Tagged With: 3m, Accuray, Acutus Medical, Akili Interactive Labs, Ambu, Baxter, BD, Better Therapeutics, Boston Scientific, Butterfly Network, Cala Health, Cook Medical, Cue Health, Dentsply Sirona, iCad Inc., ICU Medical, Illumina, Johnson & Johnson MedTech, LivaNova, Nevro Corp., Pear Therapeutics, Philips, Retractable Technologies, Siemens Healthineers, Surgalign, Surmodics, Titan Medical, Venus Concept, Verily, Vicarious Surgical, Zimmer Biomet

Retractable Technologies downsizes workforce

June 8, 2022 By Danielle Kirsh

Retractable Technologies this week announced that it has reduced its workforce by 16% due to the completion of its facility expansion efforts — and the completion of U.S. government orders related to COVID-19 vaccines. The staff reduction will affect the Little Elm, Texas-based company’s production, operations and logistics departments. Retractable Technologies said in an SEC […]

Filed Under: Business/Financial News, Catheters, Featured, News Well Tagged With: Retractable Technologies

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