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Layoffs Ahead for Covidien plc (COV)


9/19/2013 7:04:53 AM

Covidien is cutting jobs but others are hiring ! Check it out! (Isn't it tempting?)

Covidien says it plans to consolidate its manufacturing and distribution operations as part of a global restructuring aimed at saving up to $300 million a year. Covidien (NYSE:COV) said its board of directors authorized a restructuring plan aimed at saving up to $300 million a year by fiscal 2018, with manufacturing and distribution operations slated to be closed. Covidien did not reveal how many layoffs would be involved.

Don't forget, hundreds of biopharma companies are hiring! (We know you can't resist.)

Read at Reuters
Read at MassDevice

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