Smith & Nephew CEO says Memphis media reports on layoffs cause were ‘just wrong’

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Smith & Nephew PLC CEO Olivier Bohuon also directly contradicted a statement the company issued last week when it originally made the layoff announcement.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...


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