Tag:

layoffs

Latest Headlines

Latest Headlines

UPDATED: Drug distributor McKesson laying off 1,600

Drug distributor and wholesaler McKesson has expanded in the past couple of years, doing deals as it has followed competitor AmerisourceBergen in muscling up internationally. Now it will contract, whacking about 1,600 jobs.

Teva U.K. plant cuts 80 jobs as drugmaker looks for higher skilled workers

Teva Pharmaceuticals' efforts to cut costs by making its manufacturing more efficient have landed at a plant in the U.K. where the generics leader will cut dozens of jobs but add some new positions with more specialized skills.

Nephron plans more layoffs at Orlando HQ

Orlando-based Nephron Pharmaceuticals will cut another 250 positions in Florida as it transfers its manufacturing to a newer site in South Carolina.

Perrigo to consolidate supply chain operations as part of downsizing

Perrigo, in an effort to hive off $175 million a year in costs, is laying off 6% of its workforce, among other steps.

UPDATED: Merck manufacturing shedding another 2,600 jobs

The job cuts at Merck have been massive ever since its 2009 merger with Schering-Plough, 36,000 in 5 years. They have almost run their course, but manufacturing will make up most of what is left as it continues to shed manufacturing plants.

Amid ongoing restructuring and layoffs at Siemens, healthcare leads

Healthcare was one of the strongest segments at German conglomerate Siemens last quarter, both in terms of sales growth and profitability. That could help insulate this business, comprised mostly of imaging and diagnostics, from an ongoing restructuring that aims to trim employees and costs from its worst performing businesses.

Zimmer to cut staff, close its dental headquarters following $13B merger with Biomet

Zimmer will close its Carlsbad, CA, dental headquarters following its looming $13 billion merger with Biomet, resulting in an unspecified number of layoffs. The plant closure will occur in 12 months, say internal company emails sent to both companies' employees that were obtained by FierceMedicalDevices.

Japan's Eisai cuts 25% of U.S. commercial, services units

Japan's Eisai has decided to follow the cost-cutting trend of many of its multinational counterparts and lay off a quarter of its U.S. commercial and regional corporate services units, which currently employ about 850 people. The unit said the 200-plus staff reductions would not affect manufacturing or R&D units.

Pennsylvania surgical tools manufacturing plant scheduled for closure, 250 layoffs planned

Ophthalmic and surgical sutures for holding tissue together after medical procedures will no longer be made in Exeter Township, PA, thanks to the upcoming closure of the Surgical Specialties' manufacturing plant in the Philadelphia suburb. It will come at a cost of 254 jobs.

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.