Fridley-based Medtronic to cut 220 employeesby Jon Collins, Minnesota Public Radio
St. Paul, Minn. — Fridley-based Medtronic plans to cut 220 employees in its Cardiac Rhythm Disease Management division across the United States, according to a company statement released on Wednesday.
Medtronic spokesman Christopher Garland wrote in an email response that the cutbacks are related to the company's restructuring announced in February, 2011, when the medical device manufacturer announced plans to cut up to 2,000 jobs.
Medtronic's statement said laid-off employees will get severance pay and medical benefit subsidies.
Medtronic has 8,000 employees in Minnesota. Garland said the company is not breaking the job cuts down by state.
Medtronic's last major layoff was in 2009, when the company cut more than 1,200 positions worldwide.
Medtronic also announced 1.100 job cuts in May of 2008, and up to 500 about a year before that.
Editor's note: This story clarifies the original text to specify Medtronic announced the restructuring and related layoffs in 2011.