Biolase may be axing jobs but others are hiring too! Check it out! (Isn’t it tempting?)
California medtech company Biolase (NSDQ:BIOL) is looking to slim down ahead of a potential acquisition as the company examines its “strategic alternatives.”
The medical lasers maker is still posting quarterly losses, closing out its fiscal 2013 with more than double the red ink it post the previous year. Biolase hopes to shift around its resources to focus on more fruitful efforts, chairman & CEO Federico Pignatelli said in a call with investors. Those efforts include new sales reps and less reliance on things like trade shows.
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