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Money Matters: Boston Scientific job cuts (1,000 job cuts due to Obamacare medical device tax, etc.)
NECN.com ^ | 1/30/2013 | NECN/AP

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
KEYWORDS: obamacare
The "finding out what's in it" stage...
1 posted on 01/30/2013 7:24:16 AM PST by Qbert
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To: Qbert

2 posted on 01/30/2013 7:27:10 AM PST by Diogenesis (Vi veri veniversum vivus vici)
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To: Qbert

Of those 1000 laid off, betcha at least 600 of them voted for the Won.


3 posted on 01/30/2013 7:30:45 AM PST by Lonesome in Massachussets (What word begins with "O" and ends in economic collapse?)
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To: Qbert

And the unemployment rate still remains at 7.8%


4 posted on 01/30/2013 7:35:34 AM PST by woodenickel
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To: Qbert

Bump


5 posted on 01/31/2013 9:42:10 AM PST by lowbridge (Joe Biden: "Look, the Taliban per se is not our enemy.")
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