Medtronic to Double Chinese Workforce (written by Sander Duncan @ HealthPointCapital)
Medtronic sees a bright future in China, seeking to expand its presence in the rapidly-growing Chinese medical device market. China Daily, an English-language newspaper in Singapore, recently reported that Medtronic plans to double its workforce in China to 2,000 employees in a wide range of positions. The company expects to meet this headcount goal by 2016. Notably, this news comes just six months after Medtronic announced its intention to layoff 1,500 to 2,000 workers globally in an effort t...