Boston Scientific Layoffs Medical Device Tax

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Boston Scientific in $189 million settlement with U.S. states over ...

https://www.reuters.com/article/us-boston-scientific-settlement-idUSKBN2BF29D

NEW YORK (Reuters) -Boston Scientific Corp agreed to pay $188.7 million to settle claims by most U.S. states that it deceptively marketed its surgical mesh devices to consumers. The...

Boston Scientific (BSX) Allegedly Ignored Complaints …

https://www.bloomberg.com/news/articles/2022-09-19/boston-scientific-allegedly-ignored-complaints-devices-used-unnecessarily

In 2021, Boston Scientific reported $1.82 billion in sales of peripheral-interventions products, a category that includes these atherectomy devices, according to …

With profits down, Boston Scientific sells product line for …

https://www.bizjournals.com/boston/news/2020/12/01/with-profits-down-boston-scientific-sells-drug-ro.html

Following a round of recent layoffs, Boston Scientific Corp. is now selling its specialty pharmaceuticals business for $800 million. The Marlborough-based medical device …

Boston Scientific to pay $2.8 million to Massachusetts in …

https://www.bostonglobe.com/2021/03/23/business/boston-scientific-pay-28-million-massachuetts-multi-state-settlement-over-surgical-mesh-devices/

A Boston Scientific flag. Bloomberg News Attorney General Maura Healey announced on Tuesday that Massachusetts will receive $2.8 million as part of a multi …

Boston Scientific cutting hours and pay as revenue drops

https://www.bostonglobe.com/2020/04/02/business/boston-scientific-cuts-pay-36000-workers-citing-revenue-drop-because-coronavirus/

Boston Scientific said Thursday that it’s cutting wages for many of its roughly 36,000 global employees by 20 percent for the next 90 days because the postponement …

Boston Scientific: Headcount 'relatively unchanged' in …

https://www.massdevice.com/boston-scientific-headcount-relatively-unchanged-restructuring-layoffs-ahead/

In April, Boston Scientific reported profits of $202.0 million, or 15¢ per share, on sales of $1.96 billion for the 3 months ended March 31, for an 11% top-line gain …

Report: Boston Scientific's U.S. hiring flat despite device tax …

https://www.massdevice.com/report-boston-scientifics-u-s-hiring-flat-despite-device-tax-pause/

The 2.3% excise tax on U.S. sales of medical devices was suspended for 2 years in 2015. As a result of the suspension, Boston Scientific said the company has …

Medical Device Company Layoffs - GoLayoffs

https://golayoffs.com/medical-device-company/

Boston Scientific to lay off 170 workers, close Silicon Valley manufacturing plant. Boston Scientific has disclosed plans to permanently close its manufacturing facility …

Medical Device Layoffs - GoLayoffs

https://golayoffs.com/medical-device/

Medical device companies have enacted layoffs for nearly 1,200 workers in California since the beginning of July, according to the Golden State’s Employment …

Boston Scientific to lay off 1,200-plus - The Boston Globe

https://www.boston.com/business/healthcare/articles/2011/07/29/boston_scientific_to_lay_off_1200_plus/

Boston Scientific officials said the latest job cuts, which will involve layoffs and leaving open positions vacant, are part of a broader effort to save between $225 …

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