Smith & Nephew CEO says Memphis media reports on layoffs cause were ‘just wrong’ (Memphis Business Journal)
While confirming the company laid off 63 people in Memphis, Smith & Nephew PLC CEO Olivier Bohuon also directly contradicted a statement the company issued last week when it originally made the layoff announcement.
During the company’s full-year 2012 earnings conference call Thursday, Bohuon said the company laid off 63 employees in Memphis “about 20 in Boston, and something like 12 in Europe, I think.”
On Jan. 31, Smith & Nephew announced the layoffs and released the followi...