Laser Spine Institute cuts workforce by 70 — 4 observations

Spine

Tampa, Fla.-based Laser Spine Institute laid off approximately 70 employees, according to Tampa Bay Times.

Here are four observations:

 

1. The layoff represented a 6 percent decrease from the institute's 1,200-employee workforce.

 

2. Laser Spine Institute commented the company needed to streamline its operations and prepare for long-term growth.

 

3. The job cuts occurred across various company functions.

 

4. Laser Spine Institute has locations in Arizona, Pennsylvania, Oklahoma, Ohio and Missouri, in addition to its Tampa-based headquarters.

 

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