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Reginal Thomas

Boston Scientific Corp. Is Elminating 1,500 jobs

Boston Scientific Corp. a medical device maker announced today that it plans to cut 1,500 jobs in its latest effort to restructure the company. They plan to save $150 to $200 million in operating cost by the end of 2015. The company all ready has a work force of 24,000 so they cuts are really major in the big picture. The positions that will be terminated will be picked through attrition and targeted job cuts.