Defibrillator Recall Fallout Continues
More than two years after the notorious defibrillator recall, companies continue to experience the lingering effects. After a decrease in defibrillator implants in 2006, Medtronic Inc. announced yesterday that it will be cutting between 350 and 500 jobs in its cardiac rhythm division. According to the Star Tribune, the job cuts will be nationwide, but employees were also be given the chance to either transfer to other parts of the company, retire early, or accept voluntary buyout packages. While Guidant Corp.
was mainly responsible for the highly publicized defibrillator recall, Medtronic pulled 87,000Â of its devices off the market in February 2005.