ResMed Lays Off 5% Of Work Force Amid Strong First-Quarter Results For Fiscal Year 2024

ResMed’s reported a 16% rise in first-quarter fiscal year sales and 5% cut of its workforce amid restructuring of parts of its business.

ResMed, Inc. said it will lay off 5% of its global workforce and restructure parts of its business.

This comes as the sleep device maker continues to benefit from competitor Philips Healthcare's significant recall and launch of...

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