March 24, 2009

Hospira To Cut 10% Of Work Force In Streamlining Plan

Filed under: Manufacturing,Medical,US — DF @ 2:06 pm
Tags: , ,

According to CNNMoney: ” Medical products-company Hospira Inc. (HSP) plans to cut 10% of its work force, streamline operations and evaluate non-core businesses in an effort to improve efficiency and spur growth.

The Lake Forest, Ill., company, which had more than 14,500 workers as of Dec. 31, is targeting annual cost savings as high as $140 million.”

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