Tag: workforce reduction
Resmed says it’s off to a strong start with 9% increase in revenue
October 30, 2025HME News Staff
SAN DIEGO – Resmed reported revenue of $1.9 billion for the first quarter of fiscal year 2026, a 9% increase compared to the same period in 2025.
“Our fiscal year 2026 is off to a strong start, with first-quarter performance reflecting continued progress toward our mission of helping people sleep better, breathe better and live longer and healthier, with care provided in their own home,” said Resmed’s Chairman and CEO Mick Farrell.
Other financial results:
Gross...
In brief: HHS workforce reduction, AAH video campaign, free sleep screenings
April 2, 2025HME News Staff
WASHINGTON – The U.S. Department of Health and Human Services has announced a restructuring that it says will save taxpayers $1.8 billion per year through a reduction in workforce of about 10,000 full-time employees, including 300 at CMS.
When combined with the agency’s other efforts, including early retirement, the restructuring results in a total downsizing from 82,000 to 62,000 full-time employees.
“We aren't just reducing bureaucratic sprawl,” said...
Invacare puts 'turnaround plan' in motion
August 22, 2014Liz Beaulieu, Editor
ELYRIA, Ohio - With a consent decree with the U.S. Food and Drug Administration (FDA) taking longer than it expected to resolve, Invacare has accelerated efforts to reduce its cost structure by reducing its workforce by 190 employees.It's a move that will save the company $14 million to $15 million annually on a pre-tax basis when fully instituted in 2015.“We need to find opportunities, as the consent decree continues, to restore profitability,” said Lara Mahoney, director of investor...