Warsaw, Indiana-based Zimmer Biomet, a medical device manufacturer, has announced a 3% reduction in its workforce.
The personnel realignment will impact approximately 540 employees/
According to a company statement, In order to create and sustain a framework of operational excellence across Zimmer Biomet, we are making changes to further enhance our execution, commercial focus and how we collaborate. We will be reallocating investments and resources to best position the company for long-term growth, which includes last week’s announcement to reduce headcount by approximately 3% of the more than 18,000 total current global ZB team member positions."
“Simplification of our processes, our structure and how we work is key to delivering on our strategy, and we remain confident in our ability to execute as we continue to deliver on our mission to alleviate pain and improve the quality of life for people around the world.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?