M&A Means Big Shifts in Medtech Job Numbers

In many cases the frenzy of major M&A deals caused big swings in medical device company headcounts that did not really indicate any hiring or firing, according to EP Vantage. 

Here are a few that stuck out: 

The new Zimmer Biomet, created after Zimmer closed on its $13.4 billion acquisition of Biomet last year, has a workforce 75% larger than what Zimmer had;

BD's workforce grew 62% after its $12.2 billion purchase of CareFusion;

St. Jude Medical added 2000 staff, a 22% increase, through its $3.4 billion buy of major LVAD maker Thoratec.

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[Image by Annesley Rozairo - World66, CC BY-SA 1.0]