News Formal

Nearly 350 Bay Area workers laid off by major health care company

  • 📰 SFGate
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business Business Headlines News

Most of the job cuts come from the surgical robotics company Auris Health, which operates in both Redwood City and Santa Clara.

The Johnson & Johnson facility at 150 Shoreline Drive in Redwood City. The company is laying off almost 350 workers in the Bay Area.More than 340 Bay Area employees are being laid off from subsidiaries of Johnson & Johnson, theThe largest job cuts — 292 positions — come from surgical robotics company Auris Health, which Johnson & Johnson purchased in 2019.

Verb Surgical, another surgical technology company that also operates out of the Santa Clara office, will eliminate 47 employees. The remaining layoffs are within surgical tool company Ethicon Endo-Surgery and surgical insights software C-SATS.“As the world’s largest, most diversified healthcare company, we are constantly assessing ways to be more innovative and competitive,” Amanda Pisano, a spokesperson for Johnson & Johnson MedTech, wrote in a statement to SFGATE.

Johnson & Johnson declined to comment about what the layoffs would mean for the company's commercial real estate holdings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 534. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Report: Big Oil Has Given Nearly $700M to Fund Research at Top UniversitiesReport: Fossil fuel firms spent millions funding U.S. university research to gain credibility and influence in academia.
Source: truthout - 🏆 69. / 68 Read more »