These Companies Have Reduced Headcount Over 5 Years (Teleflex)

Posted in Medical Device Business by Arundhati Parmar on August 18, 2014


2. Teleflex

Teleflex, the medical devices supplier based in Wayne, Pennsylvania, provides a variety of products in the areas of anesthesia, cardiac assist, respiratory, and vascular access, among others.

In the last five years, the company has fired 2,800 people, reducing headcount to 11,400 globally as of 2013.

Source: EvaluateMedTech
Image Credit: Teleflex website


CORRECTION: A previous version of this slide stated that Teleflex's headquarters was located in Limerick, Pennsylvania. That was its previous headquarters; the company is now based in Wayne, Pennsylvania. 

Additionally, the publishers of the report on which the slideshow is based - EvaluateMedTech - previously described these companies as firers. They have amended the report to reflect that headcount have been reduced in these companies. That could be because of workers being fired, but also sale of business units or other reasons that can cause headcount to shrink.

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