Boston Scientific Corporation (NYSE:BSX) announced that it is cutting 1,500 jobs worldwide to cut costs, following 1,000 jobs cut earlier this year, and that its chief financial officer is leaving, reports ABC News. The job cuts will take place over the next two years through a combination of attrition and layoffs.
Boston Scientific has been losing money
The company, which currently has about 24,000 employees, is trying to cut $200 million from its annual operating expenses and redirect some money towards better growth opportunities. Its stock fell...
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