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In brief: Invacare reduces workforce, Gilligan replaces Diamond at Drive

December 8, 2017HME News Staff

ELYRIA, Ohio - Invacare will reduce its workforce by about 110 employees to generate $8.5 million in pre-tax savings, the company announced Dec. 7.The move, which affects employees in North America, is part of a multi-year strategic plan to transforms Invacare into a more clinically focused company, says Matthew Monaghan, chairman, president and CEO.“This reduction in force, while difficult, is an essential part of the second phase of our transformation toward becoming a more sustainably profitable,...

Butler Mobility, Drive DeVilbiss Healthcare, Integrated HomeCare, Invacare, National Seating & Mobility, vents, VitalCare


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