California cutbacks: Boston Sci to close two facilities, Abbott cuts 160+ employees

101843111-layoffs.1910x1000Boston Scientific ($BSX) is closing facilities in San Jose and Fremont, CA, and moving their operations to Costa Rica at a cost of 455 U.S. jobs. Under the Worker Adjustment and Retraining Notification Act of 1988, companies are required to notify states of certain layoffs. Boston Scientific’s WARN notice says that 284 employees will be cut due to the plant closure in Fremont. 171 will be cut in San Jose.

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About Peter Coffaro 1436 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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