GE Healthcare, Chalfont St. Giles, U.K., has laid off nearly 400 employees from its Waukesha, Wis., location, according to company officials.
This has been an extremely tough year for GE Healthcares diagnostic imaging business, company officials said in a written statement. There are a number of factors contributing to this, including the federal Deficit Reduction Act, which drastically lowers the amount our customers are reimbursed for diagnostic imaging procedures. This directly impacts our customers economically, limiting their ability to reinvest in clinically relevant technology, which has tremendous impact on patient care and on our business.
GE Healthcare has roughly 46,000 employees worldwide, with about 3,000 employees in Waukesha. The company said it will provide the laid-off employees with outplacement services. -- by Shawn Rhea