Stryker Corp. to complete planned layoffs of 1,000 workers by end of 2012 (Michigan Live)
Stryker Corp.'s planned layoffs of 5 percent of its global workforce are on track to be completed by the end of 2012.
Over the weekend, news reports put the total number of layoffs at 1,170, but Tamara Cutler, vice president of public affairs, said in an email that figure was inaccurate.
"The estimated 5 percent workforce reduction was announced in Nov. 2011 and at that time, we had approximately 20,000 global employees, so the 5 percent was estimated to be about 1,000 employees," wrote Cutler.
"The reduc...
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