On Air Now

Current Show

Coast to Coast AM   12:00 AM - 5:00 AM

Contact Coast to Coast AM at 1-800-825-5033

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
43° Feels Like: 40°
Wind: W 5 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Clear 37°

Tomorrow

Sunny 65°

Wed Night

Clear 41°

St Jude to cut 500 more jobs under realignment

(Reuters) - St Jude Medical Inc, a maker of heart devices, said it will cut 500 more jobs under its reorganization plan announced in August, when it realigned its business into two operating units and eliminated 300 jobs.

It expects to incur additional pre-tax charges of about $40 million to $60 million related to the additional cuts, the company said in a regulatory filing on Thursday.

The company has now slashed its global workforce by 5 percent and expects to incur total charges of between $150 million and $200 million through fiscal 2013.

St Jude shares closed at $38.77 on Thursday on the New York Stock Exchange.

(Reporting by Aman Shah in Bangalore; Editing by Gary Hill)

Comments