
World Heart job cuts eliminate almost half of cardiac medical device firm’s staff
Officials at World Heart Corp. (NSDQ:WHRT) officially pulled the plug on clinical trials of the company’s Levacor ventricular assist device (VAD) technology and laid off nearly half its workforce. The Salt Lake City-based company will layoff 21 of its 50 employees, according to World Heart CFO Morgan Brown, as it looks to reorganize its efforts […]