The company will be closing operations in Orchard park and West Seneca, both in New York. The lay offs will occur in phases yet to be announced. Gaymar’s production lines will be relocated to other sites next year.
These cuts are part of Stryker’s efforts to reduce its workforce by 5 percent and cutting annual pretax operating costs by more than $100 million.
Related Articles on Orthopedic Device Companies:
13 Orthopedic Device Company Cuts & Expansions in 2011
Orthopedic Surgeons are More Loyal to Preferred Device Companies Than Other Specialists
University of Pittsburgh Partners With Ortho-tag for Orthopedic Implant Research
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
