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Topic: Boston Scientific plans job cuts,
4Q tops St. view |
Boston Scientific plans job cuts,
4Q tops St. view
Associated Press, by Staff
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Original Article
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Posted By:markinalpine, 1/29/2013 11:52:08 AM
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| Boston Scientific is cutting up to 1,000 more jobs as it deals with a new medical device tax from the U.S. health care overhaul, limited growth prospects in certain markets and pressure to cut prices on its products in other countries. Still, the Natick, Mass., company´s shares jumped Tuesday after the maker of pacemakers and heart stents reported fourth-quarter results and a 2013 profit forecast that exceeded Wall Street expectations. In a push to trim costs, Boston Scientific Corp. plans to cut 900 to 1,000 jobs this year, which will include layoffs as well as the elimination
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Comments:
Thanks to the "Patient Taxation and Unaffordable Non-Care Act of 2010," AKA obamaDon´tCare.
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Reply 1 - Posted by:
Charactercounts, 1/29/2013 12:55:24 PM (No. 9146568)
Thanks, Obama.
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Boston Scientific plans job cuts,
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Original Article
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Posted By: markinalpine- 1/29/2013 11:52:08 AM
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Boston Scientific is cutting up to 1,000 more jobs as it deals with a new medical device tax from the U.S. health care overhaul, limited growth prospects in certain markets and pressure to cut prices on its products in other countries. Still, the Natick, Mass., company´s shares jumped Tuesday after the maker of pacemakers and heart stents reported fourth-quarter results and a 2013 profit forecast that exceeded Wall Street expectations. In a push to trim costs, Boston Scientific Corp. plans to cut 900 to 1,000 jobs this year, which will include layoffs as well as the elimination
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