Quantum Windbag
Gold Member
- May 9, 2010
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In China.
Boston Scientific to lay off 1,200-plus - The Boston Globe
I am sure that by now someone is salivating with the thought that they get to call me a liar. The truth is that these firms warned about this happening 14 months ago.
Mass. device firms see health law as burden - BostonHerald.com
Congratulations to Obama, Reid, and Pelosi for another job killing tax.
Boston Scientific Corp. said yesterday that it plans to eliminate 1,200 to 1,400 jobs worldwide during the next 2 1/2 years to free money for new investments, the Natick medical device makers second major round of cuts since last year.
The company would not say how many jobs will be lost in Massachusetts, where fewer than 2,000 of its 25,000 employees are based. In February 2010, Boston Scientific said it would pare 1,300 jobs worldwide, but similarly did not say where.
Yesterdays move, a day after Boston Scientific disclosed it was investing $150 million and hiring 1,000 people in China, raised fears that the company will gradually shift more work to foreign sites with less government oversight and lower costs than the United States.
Boston Scientific to lay off 1,200-plus - The Boston Globe
I am sure that by now someone is salivating with the thought that they get to call me a liar. The truth is that these firms warned about this happening 14 months ago.
Massachusetts medical-device companies say theyll cut back on operational costs - and jobs - after a planned 2.3 percent tax on their products is implemented in 2013, according to a new survey.
The Massachusetts Medical Device Industry Council, which held its annual meeting yesterday in Boston, said about 90 percent of the 100 medical-device firms said they would reduce costs due to the new tax tucked into the recently passed health-care reform bill.
Mass. device firms see health law as burden - BostonHerald.com
Congratulations to Obama, Reid, and Pelosi for another job killing tax.