Dexcom to lay off 535 employees in California [Yahoo! Finance]
DexCom, Inc. (DXCM)
Last dexcom, inc. earnings: 4/28 04:03 pm
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Source: Yahoo! Finance
The expected first date of separation is July 26, and the layoffs are connected to one site in San Diego, according to a Worker Adjustment and Retraining Notification filing with California. “Dexcom has decided to centralize its [U.S.] manufacturing operations in Mesa, Arizona, and refocus our San Diego operations as a Global Center of Excellence for Product Innovation,” company spokesperson James McIntosh wrote in an emailed statement. He added that Dexcom is offering support for employees, such as allowing them to apply for similar roles at another U.S. site with relocation assistance. Dive Insight: The layoffs continue the consistent stream of job cuts in the medtech industry over the past 18 months. This year alone has seen numerous layoffs from top medical technology companies, including Medtronic, Zimmer Biomet, Illumina and Baxter. Smaller companies like Osso VR, Agilent Technologies and Dermtech have filed layoff plans in 2024 as well, and Cue Health cut hundreds of job
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News
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- Is Now An Opportune Moment To Examine DexCom, Inc. (NASDAQ:DXCM)? [Yahoo! Finance]Yahoo! Finance
DXCM
Earnings
- 4/25/24 - Beat
DXCM
Sec Filings
- 6/28/24 - Form 4
- 6/28/24 - Form 144
- 6/20/24 - Form 4
- DXCM's page on the SEC website