NO LOVE AT BOSTON SCIENTIFIC (VALENCIA, CALIFORNIA)

 Boston Scientific Mass Layoff at Valencia, California facility. 

Boston Scientific, following through on their November 2017 WARN (Worker Adjustment and Retraining Notification Act) filing with the State of California, 289 employees were laid off from Boston Scientific’s largest site on the West Coast and located in the high-desert area of Valencia, California.

Facility operations involving the company’s Implantable Pulse Generators (known as neuromodulators and used to stimulate the spinal cord to eliminate neuropathic pain in patients) are being redistributed to other facilities in Minnesota, Puerto Rico and Ireland.

The company based in Marlborough, Massachusetts, continues to face intense competition in the medical space as well as the usual healthcare cost containment pressures, government payment and delivery system reforms, changes in private payer policies, and marketplace consolidations could decrease the demand for our products, the prices which customers are willing to pay for those products and/or the number of procedures performed in addition to the customary legal challenges for adverse outcomes in critical care devices.

Are you asking yourself, Am I Next?