Tag:

layoffs

Latest Headlines

Latest Headlines

Integra LifeSciences lays off 49 in Massachusetts as part of facility consolidation drive

Surgical Instrument provider Integra LifeSciences laid off 49 employees in Massachusetts as part of a cost-saving initiative, MassDevice reports, citing a public notice filed under the federal Worker Adjustment and Retraining Notification Act.

Boehringer's sales slide triggers job-chopping in Connecticut

Boehringer Ingelheim's global restructuring--prompted by the German pharma's sales struggle--is now manifesting itself in Connecticut, where the company is laying off staffers in Ridgefield.

UPDATED: Sanofi drops the ax on 100 R&D staffers in Boston reorganization

Just as it was spreading word of a big new development partnership this morning, Sanofi dropped the ax on about 100 employees in a reorganization of its R&D operations.

Siemens plans 7,000+ layoffs after disappointing healthcare performance

Following a 13% reduction in profit at Siemens Healthcare during the previous quarter, the conglomerate is reportedly planning to cut 7,400 jobs companywide in a bid to achieve cost savings of €1 billion.

Agilent axes 300 employees to focus on applied markets and diagnostics businesses

Agilent Technologies is closing its nuclear magnetic resonance business, as the downsizing of its research products division continues. The move is expected to cost 300 jobs over the next 12 months in Santa Clara, CA, and Yarnton, England. 

St. Jude laying off up to 270 workers in California

The second shift at St. Jude Medical's cardiology device manufacturing facility in Sylmar, a suburb of Los Angeles, is being eliminated, resulting in the loss of up 270 jobs. The layoffs will take effect July 28, reports the San Fernando Valley Business Journal. 

Report: Development IT hit hard in Novartis cutbacks

Over the first few months of 2014, Novartis quietly began laying off workers, shedding an estimated 3,000 jobs in four months. Now BioSpace has provided details of where the ax has fallen and why, with development IT teams suffering heavy job losses.

Report: Abbott is cutting diagnostics division jobs

Abbott laid off an undisclosed number of diagnostics division employees based at its Illinois headquarters, the Chicago Tribune reported recently.

InVivo Therapeutics to ax hydrogel drug delivery program, cutting jobs

InVivo Therapeutics announced June 19 that it is terminating its preclinical hydrogel drug delivery program as the company focuses on its investigational devices for spinal cord injury, the Neuro-Spinal Scaffold and the Neuro-Spinal Scaffold Plus Stem Cells.

Zimmer CEO insists no salespeople will be cut after Biomet merger

Apparently, the $270 million in synergies Zimmer expects to achieve from its $13.4 billion acquisition of Biomet does not include the elimination of any sales reps.