DePuy Axes Aviation Department, May Cut More Jobs
July 28, 2016 at 4:25 p.m.
By Daniel [email protected]
Indiana's NewsCenter reported Wednesday night that DePuy is letting go of a portion of its workforce.
DePuy released the following statement: “DePuy Orthopaedics is taking steps to carefully prioritize investments, eliminate ones that do not offer a good return, and ensure that our workforce is appropriately sized and structured to address the impacts of challenging economic conditions in the orthopaedics market and support high growth areas.
“The company is restructuring some areas of the business as well as reducing a limited number of positions throughout its global operations. This announcement affects a minimal number of employees. Displaced employees are receiving severance packages as well as outplacement support.”
DePuy wouldn’t release the number of employees being affected.
DePuy employs about 1,200 people in Warsaw.
But at least one department let go is DePuy’s aviation department.
V. Richard Miller, owner of Image Air, owns a hangar at Warsaw Municipal Airport that was leased to DePuy on a short-term basis.
Miller said this morning that he was told that DePuy eliminated its aviation department and a sale of the hangar to DePuy is dead.
According to Miller, at least nine people were in the aviation department with six pilots.
Sources inside DePuy said today that rumors of the research and development department being relocated or eliminated in Warsaw are false.
DePuy’s layoffs is the latest in a string of news for the orthopedic industry.
Late last week, orthopedic giant Stryker announced that it would cut 5 percent of its workforce, citing in part new health care legislation as a reason.
Stryker then, according to massdevice.com, leveled lawsuits against DePuy, Wright Medical Group and Zimmer holding.
The lawsuit alleges that the companies violated a Stryker patent. The patent is for a acetabular cup assembly with selected bearing[[In-content Ad]]
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Indiana's NewsCenter reported Wednesday night that DePuy is letting go of a portion of its workforce.
DePuy released the following statement: “DePuy Orthopaedics is taking steps to carefully prioritize investments, eliminate ones that do not offer a good return, and ensure that our workforce is appropriately sized and structured to address the impacts of challenging economic conditions in the orthopaedics market and support high growth areas.
“The company is restructuring some areas of the business as well as reducing a limited number of positions throughout its global operations. This announcement affects a minimal number of employees. Displaced employees are receiving severance packages as well as outplacement support.”
DePuy wouldn’t release the number of employees being affected.
DePuy employs about 1,200 people in Warsaw.
But at least one department let go is DePuy’s aviation department.
V. Richard Miller, owner of Image Air, owns a hangar at Warsaw Municipal Airport that was leased to DePuy on a short-term basis.
Miller said this morning that he was told that DePuy eliminated its aviation department and a sale of the hangar to DePuy is dead.
According to Miller, at least nine people were in the aviation department with six pilots.
Sources inside DePuy said today that rumors of the research and development department being relocated or eliminated in Warsaw are false.
DePuy’s layoffs is the latest in a string of news for the orthopedic industry.
Late last week, orthopedic giant Stryker announced that it would cut 5 percent of its workforce, citing in part new health care legislation as a reason.
Stryker then, according to massdevice.com, leveled lawsuits against DePuy, Wright Medical Group and Zimmer holding.
The lawsuit alleges that the companies violated a Stryker patent. The patent is for a acetabular cup assembly with selected bearing[[In-content Ad]]
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