Zimmer Holdings’ Organizational Restructuring Leads to Layoffs in Austin

Zimmer Holdings’ recent organizational changes have led to the elimination of several company positions in Austin, Texas, according to an Austin Business Journal news report.

Advertisement

This news comes shortly after the device giant announced job cuts in Warsaw, Ind. At that time, a company spokesman said the company’s long-term goal is to reduce operating costs and allocate more funding toward research and development. Similarly, another company spokesman did not disclose how many employees in Austin were laid off or received buy-out packages, according to the news report.

Susan Davenport, senior vice president of global technology strategies, said the device company will not be pulling out of Austin and will probably be re-hiring, according to the news report.

Read the news report about Zimmer Holdings’ organizational restructuring.

Read other coverage about Zimmer Holdings:

Zimmer Holdings Reports 3Q Net Sales at $965M, a 1.1% Decrease

Zimmer Holdings Acquires China’s Largest Joint Prosthesis Manufacturer

Stryker Files Patent Infringement Lawsuit Against Zimmer Holdings

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.