Medtronic, Inc. Cuts 2000 Jobs Worldwide, 500 in Minnesota, 70 in California

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Medical device maker Medtronic will be cutting about 500 jobs in Minnesota, as part of an overall elimination of approximately 2,000 jobs worldwide. About half of the jobs being eliminated are in the U.S., according to the Associated Press. A Medtronic spokeswoman said about 65 percent of the job cuts have already occurred. The rest will be eliminated in the current fiscal year that ends next April. Out of the total 2,000 jobs to be cut 230 were announced by Medtronic earlier this month at the company’s Memphis-based spine facility.

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