Smith & Nephew laying off about 150 employees in Tennessee [Yahoo! Finance]
Smith & Nephew SNATS, Inc. (SNN)
Last smith & nephew snats, inc. earnings: 8/1 04:05 pm
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Source: Yahoo! Finance
Smith & Nephew is cutting about 150 jobs in Memphis, Tennessee, primarily in manufacturing, as part of an ongoing productivity improvement program, the company said Friday in an emailed statement. “In Memphis we have identified some activities that are no longer required to be delivered as they are today,” a spokesperson wrote. “Unfortunately, this has meant that we are making around 150 roles redundant, predominantly in manufacturing, and most will transition by year end.” The job cuts were first reported by MassDevice. U.K.-based Smith & Nephew has put its commercial office on Goodlett Farms Parkway in Memphis up for sale, and the company plans to move to a smaller commercial office in the city. However, the job cuts are unrelated to the building sale, the spokesperson said, adding, “Memphis remains an important commercial and manufacturing hub for Smith+Nephew.” Smith & Nephew, a maker of hip and knee implants and wound care systems, initiated a plan in 2021 aimed at regaini
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SNN
Sec Filings
- 1/2/25 - Form 6-K
- 12/26/24 - Form SCHEDULE
- 12/20/24 - Form 6-K
- SNN's page on the SEC website