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Lumenis woes lead to staff cuts

This article was originally published in Clinica

Executive Summary

Israeli laser device manufacturer Lumenis plans to cut 180 jobs, or 12% of its workforce, as it reorganises its business. It has also re-organised some of its management. The job cuts will be occasioned by the company's transfer of manufacturing operations from Santa Clara, California, to Salt Lake City, Utah, and Yokneam, Israel, and by additional reductions across all functions of the group.

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