Overall, employment at the largest medtech companies has increased, but some companies are cutting workforce through divestment, such as Alere. Which other companies reduced headcout in 2014?
While employment at the llargest device companies are on an upward trajectory, there are some companies that have seen their headcounts fall in 2014.
A recent analysis by Evaluate MedTech, the publishing arm of market intelligence firm Evaluate, found that while the mega mergers helped boost headcount numbers, some companies shed businesses and thereby reduced their workforce.
According to that report, the biggest loser by number of staff cut was Alere, which trimmed its headcount levels by a whopping 7.800 when it divested some business units in a bid to turn itself around.
But which were the other companies has seen workforce reductions in 2014?
Name of Company Number of Staff Cut Percentage of Staff Cut 2014 Headcount
Alere 7,800 44% 9,800
DJO Global 530 9.7% 4,940
Mindray Medical International 400 5% 7,500
Hologic 264 4.7% 5,351
Dentspyl International 200 1.7% 11,600
Bio-Rad Laboratories 150 1.9% 7,600
Sequenom 122 21.4% 448
Alphatec 50 10% 450
aap Implantate 49 16.9% 241
Optos 44 10.1% 391
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