Vitrolife Restructures Genetic Services, Cuts 6% of Staff for Savings
Photo by National Cancer Institute on Unsplash
Vitrolife is restructuring its Genetic Services division, which will cut 6% of its workforce. This action aims to enhance focus and financial performance, resulting in annual savings of SEK 65 million. Vitrolife is restructuring its Genetic Services division, according to Medtech Magazine. This reorganization will result in a 6% reduction in staff, generating annual cost savings of SEK 65 million. CEO Bronwyn Brophy O’Connor explained that the restructuring will sharpen the division's focus and enhance its financial performance. The move builds upon recent growth and profitability gains and is d.
Key takeaways
- Vitrolife is restructuring its Genetic Services division, according to Medtech Magazine
- This reorganization will result in a 6% reduction in staff, generating annual cost savings of SEK 65 million
- CEO Bronwyn Brophy O’Connor explained that the restructuring will sharpen the division's focus and enhance its financial performance
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