Boston Scientific reports weaker results, sets job cuts

The company said it expected to eliminate 900 to 1,000 jobs worldwide through 2013.The company said that fourth-quarter net earnings fell to $60 million, or 4 cents per share, from $107 million, or 7 cents per share before a year.Revenue dipped to $1.82 billion from $1.85 billion as sales slipped in the cardiology business.Those two businesses make up more than half of Boston scientific total revenue.Company forecast first-quarter earnings of 4 cents to 7 per share.It said it expected adjusted earnings of between 64 cents and 70 cents per share on sales of $7.05 billion to $7.35 billion.

Read the full article here:
Boston Scientific reports weaker results, sets job cuts

Career Connect (From our other career blogs):

Employment News (Sponsored by EmploymentSpectator)
Following Your Passion-Literally! (Sponsored by iamnotastalker.com)
Job Search Advice from the CEO of TravelingCrossing (Sponsored by aharrisonbarnes.com)
Layoff News (Sponsored by LayOffWatch)

Testimonial of the Week

I was very pleased with the TravelingCrossing. I found a great position within a short amount of time … I definitely recommend this to anyone looking for a better opportunity.

Jose M Santa Cruz, CA

+ Read More Testimonial

Only TravelingCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.

We have more jobs than any other job board.
We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
We collect jobs from more than 4,429,376 websites and post them on our site.
We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.