Diagnostic equipment maker Welch Allyn Inc. plans to cut 10% of its workforce over the next three years as part of a restructuring effort to “proactively prepare the company” for the 2013 implementation of the U.S. medical device tax and “other significant changes driven by health care reform and market dynamics,” the company announced Sept. 10. The job cuts will include both voluntary and involuntary separations, according to Welch Allyn. The privately held firm currently has 2,750 employees.
The restructuring will establish three distinct new product development and technology centers in Skaneateles Falls, N.Y.; Beaverton, Ore.; and Singapore....