St. Jude Medical will lay off 450 people by the end of next year as it moves manufacturing of its cardiac rhythm management products from Sweden to Puerto Rico and Malaysia.
The job cuts were prompted by a continued weakness in the CRM market domestically.
While the Minnesota Timberwolves continued the process of hiring arguably their most important employee, they told some on the business side of their operations that their services won’t be needed during the NBA lockout.
The Timberwolves laid off at least 11 business side employees, many of them in the sales department, as the effects of the NBA lockout start to sink in across the league.
Harbor Branch Oceanographic Institute at FAU notified the seven engineering technologists and marine mechanics and machinists last month of the pending layoff. The layoff also includes three aquaculture research technicians. They have until September, when their grant-funded program ends.
Cisco Systems Inc. announced that it plans to cut 6,500 employees, as part of efforts to lower costs.
The tech bellwether also said it was moving another 5,000 jobs to Foxconn Technology Group, as part of a sale of its manufacturing facility for set-top boxes in Mexico.
Wholesale grocery distributor The H.T. Hackney Co.bizWatch The H.T. Hackney Co. Latest from The Business Journals Walgreens shift impacts 40 Tampa jobsHackney to expand Louisville food-distribution facilityPhone card maker signs up distributor Follow this company warns it may lay off 40 employees at its Miami distribution center, according to a state notice.
Allen Family Foods will lay off 28 employees at its processing plant in Cordova, Md., according to an official from Maryland’s Talbot County.
Paige Bethke, director of economic development for Talbot County, says the layoffs Friday were related to market conditions and not to the company’s ongoing bankruptcy reorganization. Bethke says the plant has more than 400 employees.
Drug maker Labopharm Inc is cutting 23 jobs in Canada to save $2.7-million a year, less than a month after its U.S. joint venture slashed its workforce in half.
The beleaguered Montreal area pharmaceutical company says it will have 71 positions remaining to support its ongoing business, including research and development.
Eastern Michigan University cut a total of 81 full and part-time positions last month, saving $4.24 million in salaries, information obtained through an AnnArbor.com Freedom of Information Act request shows.
The number represents about 4 percent of the university’s nearly 2,000 employees. Total savings, including benefits, as a result of the cuts were expected to be $5.4 million, EMU said last month.
As many as 60 Rio Tinto Alcan employees in Alma, Que. have been forced into early vacations or temporary layoffs as the metal giant tries to fix a problem with the formulation of produced aluminum.
The aluminum produced at the smelter in the Saguenay Lac St. Jean region contains higher levels of iron and silicon than normal.
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