Zimmer Holdings Inc. on Thursday cut less than 50 full-time jobs at its Kosciusko County operation, which employed about 1,500 as of Dec. 31.
The Warsaw-based maker of orthopedic implants and other devices has been restructuring the company to position it for sustained growth, spokesman Garry Clark said in an email statement.
These programs have enabled Zimmer to increase the productivity of our new product development programs and better meet the needs of our customers, he wrote.
As part of these ongoing efforts, the company today implemented certain actions that resulted in employee reductions across its businesses and geographic segments. All affected employees will be supported with a range of severance and outplacement benefits, Clark wrote in the statement released Thursday. Less than 50 full-time employees were impacted by todays changes in Warsaw.
The job eliminations were made across corporate and operational functions but didnt include Warsaw production workers, Clark added. Zimmer employed more than 9,300 worldwide in more than 25 countries as of Dec. 31.
Zimmer is one of the companies that had been voicing opposition to a federal 2.3 percent tax on the sale of medical devices.
Many companies and some lawmakers have voiced concern that it could lead manufacturers to reduce the number of jobs.
The tax is expected to help fund the health care law designed to provide coverage for millions of previously uninsured people.