Medical Device Companies Layoffs

Recent News and Discussions About Medical Device Companies Layoffs

Layoff Tracker: Heron, Atreca, plus 50+ more – Fierce Biotech

https://www.fiercebiotech.com/biotech/fierce-biotech-layoff-tracker-2022

Layoff Tracker: Heron, Atreca, plus 50+ more - Fierce Biotech
Novartis: The large Swiss pharma is laying off 8,000 employees worldwide in a bid to save $1 billion. The cuts come as the company combines a number of business …


Layoff surge hits 3 more biotech companies

https://www.fiercebiotech.com/biotech/layoff-surge-hits-4-more-biotech-companies

Mar 31, 2022 — With more than 30 layoffs tallied by Fierce Biotech , the overpopulated industry is being forced to cut down. Today, immuno-oncology biotech …


Health tech companies are facing a wave of layoffs – STAT News

Health tech companies are facing a wave of layoffs

Jun 14, 2022 — The digital health industry is facing a wave of layoffs like it hasn’t seen since the beginning of the pandemic.


Novartis confirms ‘thousands’ of layoffs loom as its global …

https://www.fiercepharma.com/pharma/novartis-confirms-thousands-layoffs-loom-companys-reorganization-rolls-ahead

Apr 26, 2022 — After Novartis drafted plans to wed its pharma and oncology businesses earlier this month, reports of potential layoffs poured in.


Medical device makers cut nearly 1200 jobs in California

Layoffs: Medical device makers cut nearly 1200 jobs in California

Oct 15, 2015 — Medical device companies have enacted layoffs for nearly 1,200 workers in California since the beginning of July, according to the Golden …


Stryker to continue its schedule of layoffs in May, with 88 jobs

https://www.theledger.com/story/business/2022/04/11/stryker-continue-its-schedule-layoffs-may-88-jobs/9468697002/

Apr 11, 2022 — Medical device manufacturer Stryker will layoff 88 people by the end of May as part of a previously announced plan to close its Lakeland …


Life sciences layoffs beginning to spill over to medical devices …

https://www.reutersevents.com/pharma/column/life-sciences-layoffs-beginning-spill-over-medical-devices-companies

Medtronics, the world’s largest medical – device company , announced today that it will lay off 1500-1800 employees after posting a fiscal fourth-quarter …


Medical Device Makers Expect Lay Offs

https://www.todaysmedicaldevelopments.com/article/medical-device-tax-layoffs-1313/

1. AdvaMed surveyed more than 80 companies of varying sizes, concluding that 62% of companies predict layoffs or reduced hiring. More than 80% of companies with …


Downsized In Medical Sales – Global Edge Recruiting

Downsized In Medical Sales?

If you have been selling in the medical or pharmaceutical industry for the past few … on a company’s payroll and is considered different than layoffs .


Invivo Diagnostic Imaging in Gainesville will lay off over 500 …

https://www.gainesville.com/story/news/2021/12/20/gainesville-medical-device-plant-lay-off-more-than-500-employees/8975211002/

Dec 20, 2021 — A medical device manufacturing plant in Gainesville has announced it is laying off more than 500 employees in the coming months.


Frequently Asked Questions

Is Novartis laying off?

Novartis plans to lay off as many as 8,000 employees worldwide as it continues a yearslong transformation into a more streamlined company, a spokesperson confirmed in an email to BioPharma Dive.

Is Boston Scientific laying off employees?

Boston Scientific to lay off 170 workers, close Silicon Valley manufacturing plant. Boston Scientific has disclosed plans to permanently close its manufacturing facility in San Jose, California, laying off 170 employees in the process.

What are three alternatives layoffs?

Look at Alternatives to Layoffs
  • Reduce your workweek. Going from a five-day workweek to a four-day workweek reduces payroll by 20 percent, Zickerman noted. …
  • Extend time off. …
  • Challenge employees to save money. …
  • Offer sabbaticals. …
  • Swap employees or lend them to another company. …
  • Look to your peers for help.

Is Carvana laid off?

The first quarter of 2022 hasn’t been the best for Carvana. The online used car company is arguably best known for its big automotive vending machines, but right now it’s known for laying off 12 percent of its workforce. That equates to 2,500 jobs, and it comes amid a Q1 2022 net loss of $506 million.

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