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Layoffs: Boston Scientific to cut up to 1,500 jobs

Wed, 10/23/2013 - 7:38pm
Mass Device

Medical device giant Boston Scientific announces that it will cut between 1,100 to 1,500 employees worldwide under a new restructuring program aimed at streamlining its operations.

Layoffs: Boston Scientific to cut up to 1,500 jobs

In regulatory filings issued late Wednesday evening Boston Scientific announced that it plans to cut up to 1,500 employees from its global workforce before the end of 2015.

The cuts are part of the company's plan to streamline operations, including efforts to "eliminate bureaucracy, increase productivity and better align resources to business strategies and marketplace dynamics."

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