As a part of a still-developing restructuring effort, devicemaker Medtronic, Minneapolis, plans to trim some 1,100 jobs globally while adding an unspecified number of positions in growth areas, company spokeswoman Marybeth Thorsgaard said.
Were realigning our resources and consolidating operations where it makes sense, Thorsgaard said. Were also adding resources and people where theres opportunity for growth. When were actually done, we will have hired more people this year than we let go.
The staff and operational changes will take place throughout the current fiscal year, which began May 1, Thorsgaard said. Information about the plan was limited, but among the changes are plans to consolidate Medtronics endovascular business by moving manufacturing operations in Santa Rosa, Calif., to Galway, Ireland. The company has also said it will move research and development for its cardiac rhythm disease management division from the Netherlands to Minneapolis. -- by Shawn Rhea
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