St Jude to axe another 500 jobs
This article was originally published in Clinica
Executive Summary
St Jude Medical is planning another swathe of redundancies, cutting 500 jobs in addition to the 300 announced earlier this year. The firm reported in August that it was culling around 300 positions as part of its plan to reorganise its business into two operating units in a bid to spur growth (www.clinica.co.uk, 31 August 2012).