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Layoffs ahead for Medtronic's spinal business

Mon, 04/15/2013 - 2:18pm
Mass Device

Medtronic confirms with MassDevice.com today that the company is expecting layoffs as a result of restructuring planned for its spinal devices business.

layoffs illustration

Medical device company Medtronic (NYSE:MDT) confirmed today that there are layoffs ahead for its spinal business, affecting an undisclosed number of workers at various locations.

The medtech titan doesn't plan to release details until next month, but rumors are already swirling that a Warsaw, Ind., spinal facility may lose as many as 50 workers.

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