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Zimmer Inc. (ZMH) Announces Staff Reductions



5/9/2013 9:27:24 AM

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Zimmer Holdings said less than 50 full-time employees will be out of work today as the company initiates programs to sustain growth. Zimmer employees told StaceyPageOnline.com early this morning that a number of supervisors were “walked out” last night and that a series of town hall style meetings have been going on all week at the Warsaw facilities. In meetings with employees this morning, it was noted that supervisors with poor performance reviews and in the bottom 5 percent were among those terminated. An official statement released by Zimmer spokesman Garry Clark, said that, “Over the past several years, Zimmer has pursued a number of transformation initiatives that position the company for sustained growth. These programs have enabled Zimmer to increase the productivity of our new product development programs and better meet the needs of our customers.

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