{"id":303907,"date":"2010-02-10T17:42:09","date_gmt":"2010-02-10T22:42:09","guid":{"rendered":"http:\/\/www.xconomy.com\/?p=62861"},"modified":"2010-02-10T17:42:09","modified_gmt":"2010-02-10T22:42:09","slug":"boston-scientific-cutting-up-to-1300-jobs","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/303907","title":{"rendered":"Boston Scientific Cutting up to 1,300 Jobs"},"content":{"rendered":"\n<div style=\"text-transform:uppercase\"><a href=\"http:\/\/www.xconomy.com\/tag\/Life-Sciences\/\">Life Sciences<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/Layoffs\/\">Layoffs<\/a>, <a href=\"http:\/\/www.xconomy.com\/tag\/Devices\/\">Devices<\/a><\/div>\n<p>\t\t<strong>Ryan McBride wrote:<\/strong><\/p>\n<p>Boston Scientific, the Natick, MA-based medical devices giant, <a href=\"http:\/\/bostonscientific.mediaroom.com\/index.php?s=43&amp;item=895\">says<\/a> today that it plans to cut 1,000 to 1,300 employees or 8 percent of 10 percent of its total work force, as part of a company-wide restructuring initiative. The company (NYSE:<a href=\"http:\/\/finance.yahoo.com\/q?s=BSX\">BSX<\/a>) expects pre-tax charges of $180 million to $200 million from the layoffs and restructuring plans, and it aims to reduce its annual budget by $200 million to $250 million during the next two years. There will be further updates on the restructuring plans in the firm&#8217;s fourth-quarter earnings report tomorrow, according to the company.<\/p>\n<div class=\"postFooter\"><a href=\"http:\/\/www.xconomy.com\/boston\/2010\/02\/10\/boston-scientific-cutting-up-to-1300-jobs\/#comments\">Comments<\/a> | <a href=http:\/\/www.xconomy.com\/reprints\/>Reprints<\/a> | Share: &nbsp;<br \/>\n<a href=\"http:\/\/twitter.com\/home?status=RT%20@Xconomy%20Boston%20Scientific%20Cutting%20up%20to%201,300%20Jobs%20http:\/\/xconomy.com\/?p=62861\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/twitter.gif\" alt=\"Retweet\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/www.facebook.com\/sharer.php?u=http:\/\/www.xconomy.com\/boston\/2010\/02\/10\/boston-scientific-cutting-up-to-1300-jobs\/&#038;t=Boston%20Scientific%20Cutting%20up%20to%201,300%20Jobs\"  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/facebook.gif\" alt=\"Facebook\"\/><\/a><br \/>\n&nbsp;<a href=http:\/\/www.xconomy.com\/boston\/2010\/02\/10\/boston-scientific-cutting-up-to-1300-jobs\/email\/  rel=\"nofollow\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/email.gif\" alt=\"Email\"\/><\/a><br \/>\n&nbsp;<a href=\"http:\/\/sharethis.com\/item?publisher=bfda184d-6684-4f7a-a23f-ca4ed4db9287&amp;title=Boston+Scientific+Cutting+up+to+1%2C300+Jobs&amp;url=http%3A%2F%2Fwww.xconomy.com%2Fboston%2F2010%2F02%2F10%2Fboston-scientific-cutting-up-to-1300-jobs%2F\"><img decoding=\"async\" src=\"http:\/\/www.xconomy.com\/wordpress\/wp-content\/themes\/xconomy\/images\/share.gif\" alt=\"Share\"\/><\/a>\n<\/div>\n<p>\t     \t\t<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<a href=\"http:\/\/ads.pheedo.com\/click.phdo?s=9276eaaaadce49937dbf1a368b3ce0d1&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=9276eaaaadce49937dbf1a368b3ce0d1&#038;p=1\"\/><\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"0\" width=\"0\" border=\"0\" style=\"display:none\" src=\"http:\/\/a.rfihub.com\/eus.gif?eui=2218\"\/><\/p>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/ZF7qqHSvsONs2KGc4NvDTSDiJbI\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/ZF7qqHSvsONs2KGc4NvDTSDiJbI\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/ZF7qqHSvsONs2KGc4NvDTSDiJbI\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/ZF7qqHSvsONs2KGc4NvDTSDiJbI\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Xconomy_Full\/~4\/lr4PCNLxGbA\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Life Sciences, Layoffs, Devices Ryan McBride wrote: Boston Scientific, the Natick, MA-based medical devices giant, says today that it plans to cut 1,000 to 1,300 employees or 8 percent of 10 percent of its total work force, as part of a company-wide restructuring initiative. The company (NYSE:BSX) expects pre-tax charges of $180 million to $200 [&hellip;]<\/p>\n","protected":false},"author":2829,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-303907","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/303907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2829"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=303907"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/303907\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=303907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=303907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=303907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}