St. Jude Medical layoffs affect 300 as it centralizes functions, realigns into two units

St. Jude Medical (NYSE:STJ)  announced Thursday that it is laying of 300 employees as part of a broader restructuring aimed to lower operating costs. In a news release, the Minnesota medical device maker said that it is centralizing support functions in information technology, human resources, legal, business development and many marketing functions. The job cuts are … Continue reading St. Jude Medical layoffs affect 300 as it centralizes functions, realigns into two units