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Money Matters: Boston Scientific job cuts (1,000 job cuts due to Obamacare medical device tax, etc.)
Posted on 01/30/2013 7:24:12 AM PST by Qbert
(NECN/AP) - Here's a rundown of the morning's developing business stories, which may impact stock performance:
- Boston Scientific cutting 1,000 jobs
Boston Scientific is cutting up to 1,000 more jobs as it deals with a new medical device tax from the U.S. health care overhaul, limited growth prospects in certain markets and pressure to cut prices on its products in other countries.
(Excerpt) Read more at necn.com ...
TOPICS: Business/Economy; News/Current Events; US: Massachusetts; US: Minnesota
The "finding out what's in it" stage...
posted on 01/30/2013 7:24:16 AM PST
posted on 01/30/2013 7:27:10 AM PST
(Vi veri veniversum vivus vici)
Of those 1000 laid off, betcha at least 600 of them voted for the Won.
And the unemployment rate still remains at 7.8%
posted on 01/31/2013 9:42:10 AM PST
(Joe Biden: "Look, the Taliban per se is not our enemy.")
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