Medtronic (NYSE:MDT) said this week that it plans to close its Portsmouth, N.H.-based transformative solutions facility within the year, according to a Portsmouth Herald report.
The Fridley, Minn.-based company recently informed employees at the facilities that it planned to eliminate its Portsmouth jobs, according to the report. The facilities currently employ 150 individuals.
Medtronic spokesperson Brett Cromwell said that the transformative solutions division had announced changes “being made to help focus the business and strengthen its financial position,” according to the Portsmouth Herald.
