Cardinal Health Layoffs Job Cut: fires 1300 employees: Finance Trading Times

Cardinal Health Layoffs Job Cut: fires 1300 employees

The news is from Cardinal Health, a battery manufacturing company which is going for layoffs. The news is not good for the employees of the Cardinal Health Technologies as the organization is going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Cardinal Health. Cardinal Health Logo
How many employees may be fired in the Cardinal Health layoffs?
As per the reports, there may be around 1300 job cuts by the company.

What is the total no. of employees of Cardinal Health ?
There are about 16000 employees of Cardinal Health and the offices are spread across the country.

What will be the cost and savings by Cardinal Health layoffs?
Expected savings are $110 million over the next two years.

When will the Cardinal Health layoffs happen?
As per the reports, the layoffs will be within next six months.

Which locations and department of employees will be affected by the Cardinal Health layoffs ?
Multiple locations will be affected - majority of the jobs will go at San Diego, around 200 of them. The employees who are affected by the layoffs belong to clinical and medical products unit.

What is the primary reasons for Cardinal Health layoffs?
It's all about the worsening market situation, decline in demand and so on.

Any other news about Cardinal Health layoffs
As per FierceHealthCare, Cardinal Health company said that it was making the cuts largely in response to a dramatic slowdown in hospital purchases.
Let's hope that alternative jobs are available to the affected employees of Cardinal Health Layoffs Job Cut
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