Wednesday, February 25, 2009

Layoffs: Cynosure

Check out the layoff tracker at xconomy.com!
(http://www.xconomy.com/boston/2008/11/13/the-boston-tech-layoff-tracker/)

http://www.xconomy.com/boston/2009/01/15/cynosure-cuts-285-jobs/

Cynosure Cuts 60 Jobs
Robert Buderi 1/15/09
[Corrected 1/21/09] Westford, MA-based Cynosure, which develops laser systems used in cosmetic surgery, announced today that it laid off 17 percent of its global workforce, amounting to approximately 60 people, at the end of 2008. The company said it expected these cuts and other spending reductions to save approximately $8 million to $10 million in 2009.

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