Skip to comments.Boston Scientific to cut up to 1,500 jobs
Posted on 10/27/2013 7:33:48 AM PDT by jurroppi1Edited on 10/27/2013 8:25:24 AM PDT by Sidebar Moderator. [history]
NATICK, Mass.—Boston Scientific Corp. plans to shed as many as 1,500 jobs worldwide, or 6 percent of its workforce, in an effort to cut costs.
The company also said Thursday that its CFO is leaving. Boston Scientific is promoting its corporate controller to replace him.
(Excerpt) Read more at twincities.com ...
The medical device tax in 0bama care is a real jobs killer
Yep. I know this from firsthand experience. Just another piece in the “Destroy Healthcare as We Know It” agenda.
Destroy AMERICA as we know it agenda.
I can't see how this helps democrats or republicans. Only the elite survive?
Wonder what Boston Scientific’s position on immigration reform is? They cut all these jobs and turn around and hire a bunch of foreigners on H-1B Visas.
This is the maker of the stimulator they want to implant in my spine. Should I be worried about the quality of that device?
Just another 1500 ‘Dead beats’ who won’t work. Their will be some FReepers along shortly to explain it to you.
All I can say is look into the history of off-shoring jobs. The elite always survive one way or another.
Sure. While you are at it, go to war with nearly every other major company in the USA who does the EXACT SAME THING, and that included companies that DON’T have large overseas markets.
Instead of blaming that, why don’t we create a business environment where we can afford to hire people here in this country?
Another pump and dump in the making. Another looting and gutting of a company justified by the perpetrators because they “couldn’t compete” in the marketplace. Somebody always walks away from these deals with a boatload of cash, and it isn’t the shareholders or employees.
Medical device industry, just about the perfect industry: high tech, high wages, products that give people better lives. Let’s tax the hell out of it.
Could it be this guy? From the article...
The company also said Thursday that its CFO is leaving.
Boston Scientific expects to add jobs in Mass.
UPDATE 4-Boston Scientific stents lag, CFO resigns, shares fall
Boston Scientific Will Cut 1,100-1,500 Jobs Through 2015
I don’t think they added many jobs in Mass. I know they added a bunch in China and maybe a few other eastern countries. I also know of a more hush-hush layoff that occurred a few weeks ago at the Maple Grove plant (the one remaining plant that is open there), but I don’t know any numbers.
Sorry I messed up the excerpting. For some reason I thought the posting form would take care of that if it was needed. Did I mis-source this?
What a shame.