The medical device sector has actually gained jobs between 2001 and 2012, and came out ahead in terms of growth in employment even taking into account the Great Recession and job losses in 2009 and 2010. Which metropolitan statistical areas have the largest medtech employment in the U.S. as of 2012?
Johnson & Johnson recently confirmed that 400 workers in its orthopedics business will be losing jobs as a result of restructuring. Medical device experts also bemoan the effects of the Affordable Care Act/Obamacare that has put remarkable pressure on device makers leading them to a variety of cost-cutting measures, which inevitably include layoffs.
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