Thread regarding Baxter layoffs

Baxter begins layoffs of ‘less than 5%’ of workforce after posting $2.4B net loss in 2022

Thousands of jobs at Baxter are potentially on the line as the medtech giant embarks on a cost-cutting plan in the wake of a year that CEO José Almeida said had “disappointed” the company.

https://www.fiercebiotech.com/medtech/baxter-begins-layoffs-less-5-workforce-after-posting-24b-net-loss-2022

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