Watch CBS News

St. Jude Announces Layoffs In Restructuring Plan

MINNEAPOLIS (WCCO) – In another blow to Minnesota's work force, St. Jude Medical has announced layoffs as part of a restructuring plan to deal with slumping sales.

St. Jude Medical is laying off about 500 employees as part of its restructuring. According to a Star Tribune report, about 100 of those positions are from the company's Minnesota office.

The move comes just three months after St. Jude made a different round of job cuts that eliminated about 300 workers.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.