Boston Scientific to lay off 1,200-plus
Company mum on effect in Mass.
 | Despite some setbacks and the resignation of CEO J. Raymond Elliott, quarterly profit was better than expected. |
By Robert Weisman Globe Staff / July 29, 2011
Boston Scientific Corp. said yesterday that it plans to eliminate 1,200 to 1,400 jobs worldwide during the next 2 1/2 years to free money for new investments, the Natick medical device maker’s second major round of cuts since last year.
