WASHINGTON (AP) — Drug and medical device maker Abbott Laboratories said today that it has cut 550 employees globally and plans to eliminate several hundred more positions next year.
A spokeswoman for the North Chicago company says the layoffs were in Abbott’s nutrition, medical devices, established pharmaceuticals and molecular diagnostics divisions.
In January Abbott announced that it would lay off 700 workers as part of its ongoing restructuring efforts. At that time the company said that most of those layoffs would impact employees who made its heart stents and diagnostic tests.
Abbott has been restructuring its operations for several years, laying off about 1,900 pharmaceutical division employees in early 2011. The company currently has 91,000 employees worldwide.
from: DigitalPlus