Biomet confirms layoffs in U.S., Europe (written by Sherry Slater @ FortWayne.com)
Biomet Inc. on Friday confirmed pending staff cuts of up to 200 jobs -- 21 from U.S. operations and the rest from Europe.
The orthopedics industry giant is reorganizing its global reconstructive business in a bid to boost growth to above the market average. The effective date is Sept. 1, the company said in a statement dated Wednesday.
The reorganization calls for cutting 21 U.S. jobs and 60 to 80 positions in Europe. Warsaw-based Biomet didn’t specify where the U.S. jobs are being cut or which European operations will be affected.
A company spokesman declined to comment beyond the prepared statement.
In what the company described as “unrelated” to the reorganization, Biomet is reviewing an additional 99 positions in Great Britain for possible job cuts “as a result of softness in the worldwide orthopedics market.”
To increase manufacturing efficiency, the company will consider cutting up to 29 jobs in Bridgend, South Wales, and up to 70 positions in Swindon, England.
“These decisions have been very difficult ones for the management team to make,” the statement said. “Where po...
