Boston Scientific Corp. is planning to cut 1,100 to 1,500 jobs through 2015 as part of a global restructuring of its operations, the company said late Wednesday in regulatory filings.
Despite the pending staff reductions, the company’s moves will not significantly reduce its total workforce of 24,000, a spokesman said. Boston Scientific, which has about 5,000 employees in Minnesota, is basically moving jobs around, said Peter Lucht, the company’s director of external communications.
“During restructuring, our overall employee numbers will remain at similar levels,” Lucht said. “But markets are shifting. The way we react to them has to shift. In some cases, assets are redeployed.”
For example, Lucht said, some manufacturing positions now based at plants in California will be transferred to Boston Scientific’s Maple Grove plant, as well as one in Costa Rica. Some jobs are moving to Maple Grove “to leverage expertise already in place there,” he said.
Lucht would not say whether Minnesota, or the United States, will see a net loss or gain of jobs as positions are transferred from some facilities to others overseas. “I am not able to get into detail regarding specific impact at specific locations,” Lucht said.
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via Boston Scientific to cut 1,100 to 1,500 jobs; impact in Minn. undisclosed | Star Tribune.
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