Boston Scientific to cut up to 1,000 jobs

Boston Scientific Corp., the Natick medical device maker that already has eliminated more than 1,000 jobs over the past three years, said Tuesday it plans to cut another 900 to 1,000 jobs worldwide.

The company did not specify where the job cuts would take place, but new chief executive Mike Mahoney said in an interview there is likely to be “less of an impact in Massachusetts than in some other areas.” That’s because some of Boston Scientific’s fastest growing businesses, such as endoscopy and women’s health products, are based here, he said.

Boston Scientific currently has about 24,000 employees, including between 2,000 and 3,000 in Massachusetts, company officials said. In November, it unveiled plans to sell a Natick office complex and move corporate headquarters and about 800 employees to the Boston Scientific campus in Marlborough. The company also operates a distribution center in Quincy.

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via Boston Scientific to cut up to 1,000 jobs as fourth-quarter profit declines; stock reaches 52-week high – Business – The Boston Globe.