Northerner
Admin (Retired)
- Relationship to Diabetes
- Type 1
Plunging revenue from its blood-glucose monitors has forced Roche Diagnostics Corp. to cut its staff, the company informed its workers last week.
Roche, which operates its North American headquarters in Indianapolis, suffered a 14-percent decline in revenue in its diabetes care unit during the first six months of the year. Roche has reportedly put that unit up for sale, according to a May report by the Reuters news agency.
"The U.S. diabetes care market is rapidly evolving, and Roche?s diabetes care business in the U.S. is responding by making changes to its customer service and manufacturing operations, which includes the elimination of some jobs,? spokesman Todd Siesky wrote in a prepared statement. ?Roche is confident that its diabetes care business in the U.S. is well positioned for the future."
http://www.ibj.com/roche-to-cut-local-jobs-after-diabetes-care-sales-plunge/PARAMS/article/42837
Roche, which operates its North American headquarters in Indianapolis, suffered a 14-percent decline in revenue in its diabetes care unit during the first six months of the year. Roche has reportedly put that unit up for sale, according to a May report by the Reuters news agency.
"The U.S. diabetes care market is rapidly evolving, and Roche?s diabetes care business in the U.S. is responding by making changes to its customer service and manufacturing operations, which includes the elimination of some jobs,? spokesman Todd Siesky wrote in a prepared statement. ?Roche is confident that its diabetes care business in the U.S. is well positioned for the future."
http://www.ibj.com/roche-to-cut-local-jobs-after-diabetes-care-sales-plunge/PARAMS/article/42837