Covidien eliminating 40 jobs

KRT) Via Acquire Media NewsEdge) Jul. 22--Covidien, one of the city's largest employers, confirmed Monday it will cut 40 full-time positions from its Watertown plant by January. The announcement comes as the Massachusetts-based health care company moves four product lines from Faichney Drive to a Covidien manufacturing facility in China. Products that no longer will be made locally are two feeding pumps, a sequential compression device and circuit boards for blood pressure devices, Richard P. Bevilacqua, Covidien director of communications, said. The plant now has 275 full-time employees and 320 total positions. In addition to the full-time cuts, Mr. Bevilacqua said, a number of contracts with temporary workers from Kelly Services Inc. will be terminated, starting next month. He did not specify the number of temporary workers... [read full story]