In 2025, several large medtech employers announced workforce reductions. Surgical robotics company Intuitive Surgical said it would cut 331 jobs at its Sunnyvale, California site as it adjusted production schedules, impacting manufacturing, assembly and related support roles.
That same year, Dexcom disclosed layoffs affecting hundreds of employees, including manufacturing and operations roles, with nearly 200 positions impacted in the San Diego area. The company had also carried out workforce reductions in the prior year.
Workforce reductions were also reported in 2025 at the FDA’s Center for Devices and Radiological Health as part of staffing changes across the US Department of Health and Human Services (HHS). While the global medical devices market was valued at more than $570 billion in 2025 and is projected to increase in 2026, medical device and medtech workforce reductions are continuing into 2026.
In this blog, we track ongoing and proposed medical device and medtech layoffs announced in 2026.
Medical Device Manufacturing & Medtech Companies
Baxter Layoffs 2026
Baxter eliminated approximately 90 positions, or about 3% of the workforce, at its Marion, North Carolina, manufacturing facility in February 2026. The company brought up post-Helene supply disruptions and lower stabilized demand for IV solutions following changes in IV usage across the US.
Thermo Fisher Scientific Layoffs 2026
Thermo Fisher Scientific has plans to permanently lay off 421 employees as it phases out operations at its Weaverville-area facility in North Carolina. According to a WARN notice, separations will begin in December 2026 and continue through 2027 as the site is ultimately closed.
Small Precision Tools Layoffs 2026
Small Precision Tools announced plans to lay off 30 employees at its Petaluma, California, facility starting in April 2026. The manufacturer mentioned reduced demand and a global restructuring by its Swiss parent company as the reason for the workforce reduction.
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OraSure Technologies Layoffs 2026
OraSure Technologies confirmed job cuts affecting a mid-single-digit percentage of its global workforce in early 2026. The medical device company said the reductions, including 10 positions at its Bethlehem, Pennsylvania, headquarters, are part of efforts to rebalance costs and support product development.
AngioDynamics Layoffs 2026
AngioDynamics plans to lay off 54 employees across its Glens Falls and Queensbury, New York, sites beginning February 27, 2026. The company cited a contract loss in a WARN filing and said the reductions affect nonunion employees, with no additional layoffs currently planned.
Diagnostics & Laboratory Services
Labcorp Layoffs 2026
Labcorp will close its nonclinical medical device testing facility in Bedford, Massachusetts, resulting in 94 layoffs. According to a WARN notice, the job cuts will begin in spring 2026, with a small number of employees reassigned to other locations or remote roles.
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