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Boston Scientific Continues Worldwide Restructuring, Plans Job Cuts

The cuts expand on a 2011 restructuring plan, with hopes of reducing operating expenses by up to $375 million at the end of 2013.

Boston Scientific Corp.is launching a new phase of the corporate restructuring process it began in 2011 with the elimination of 900 to 1,000 jobs worldwide.

The restructuring plan began in 2011 with a reduction of 1,200 to 1,400 jobs from its worldwide staff timed with major new investments in China. (See Also see "Boston...

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