Smith+Nephew to layoff 150 US employees

Orthopedic

Smith+Nephew is making about 150 roles redundant at its campus in Memphis, Tenn., according to a Dec. 5 report by Mass Device.

The company makes knee and hip joint replacements, plating systems and trauma products at the Memphis facility. 

Smith+Nephew put the 300,000-square-foot campus up for sale in September.

The company has not specified when the layoffs will take place, the report said.

Three major investors in Smith+Nephew encouraged the company to consider breaking up parts of its business and spinning off its orthopedics division last month.

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