Medtronic cutting 500 jobs in Minnesota, 2,000 total

Medtronic cutting 500 jobs in Minnesota, 2,000 total (Twin Cities.com)
Fridley-based Medtronic is eliminating 2,000 jobs worldwide including about 500 positions in Minnesota.
The medical device manufacturer announced the job cuts during a conference call Tuesday, May 21, to discuss fourth-quarter earnings results.
About half the worldwide cuts are hitting the company's workforce in the United States, said Gary Ellis, the company's chief financial officer. Many cuts in the U.S. and around the world are related to consolidation in manufacturing, Ellis added during the conference call.
Cindy Resm...