140 Layoffs at Analogic
Wade Roush1/28/09
Peabody, MA-based medical imaging and airport security company Analogic (NASDAQ: ALOG) said today that it will reduce its global workforce by 140 positions, or about 9 percent, in response to declining demand for capital equipment among healthcare organizations. The company said the cuts would save $9.6 million annually. We will update the Boston Tech Layoff Tracker accordingly.
Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.
