Masimo laid off 75 employees in California on December 11, 2024, as part of a broader strategic realignment under its new leadership. This move is aimed at optimizing resource allocation and focusing on high-return projects within its core healthcare business.
A company spokesperson indicated that the workforce reduction is a component of efforts to concentrate on market opportunities that address unmet needs. This action reflects a disciplined approach to cost management and operational efficiency.
The layoffs are part of Masimo's ongoing initiatives to streamline its operations and enhance profitability, following a period of significant corporate governance changes and a renewed focus on its medical technology segment.
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