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The Medical Industry
Business Weekly

Now Updated Every Weekday
October 11, 2008

Other Headlines

Microbubbles loaded with chemo drugs find tumors and attack them.
Merge is first healthcare firm to join the SIIA in fight against software piracy.
Molecular CT adds metabolic information from PET to traditional CT and enables truly integrated diagnostic imaging for maximized workflow efficiency and quick return on investment.
The MIR (Management in Radiology) annual conference will be held in Vouliagmeni, Athens, Greece from Wednesday 29th until Friday 31st October 2008.
Society of Nuclear Medicine launches innovative process for integrating imaging biomarkers into phase 1, 2 and 3 pharmaceutical clinical trials.

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More Industry Headlines

Philips Combines Ultrasound With Cancer Drug Delivery Microbubbles loaded with chemo drugs find tumors and attack them.

Siemens Shapes the Future of Integrated Diagnostic Imaging Molecular CT adds metabolic information from PET to traditional CT and enables truly integrated diagnostic imaging for maximized workflow efficiency and quick return on investment.

SNM Unveils a Bridge to Clinical Trial Development for Imaging Biomarkers Society of Nuclear Medicine launches innovative process for integrating imaging biomarkers into phase 1, 2 and 3 pharmaceutical clinical trials.

McCain vs. Obama on Healthcare Why you should care about their healthcare initiatives--a DOTmed exclusive.

Medical Device Ads Scrutinized on Capital Hill Ads for devices such as artificial knees, stents and other implanted devices are not appropriate for consumers, physicians argued at a recent hearing.

Computer Aids in Mammogram Readings A new study says CAD can help confirm accuracy in single readings of mammograms.

Research Shows MammoSite Therapy Safe, Comparable With Traditional Treatment Findings from sometimes controversial radiation therapy appear positive, researcher tells DOTmed News.

LED--The State of the Art in Surgical Lighting An exclusive briefing on the flagship offerings of leading OR lighting manufacturers.

CMS Stops Paying for Preventable Errors As DOTmed News has reported, Medicare is no longer reimbursing for selected egregious hospital mistakes.

Toshiba Installs Vantage Titan MR System at Health Scan Imaging Southern California center chose system for its significant noise reduction and high image quality.

Is Siemens planning to
cut its worldwide
workforce by over
17,000 by 2010?

Siemens to Cut Workforce?

by Barbara Kram, Editor
It has been widely reported by many major media outlets in the last few days that Siemens may be planning to cut its worldwide workforce by as many as 17,000 employees by 2010. These reports -- all based on unnamed sources -- have appeared in the Wall Street Journal, The New York Times, and the Financial Times of London, among others.

Most of those expected to be affected are in administrative "white collar" positions. Reportedly, one-third of the cuts would take place in Germany, one-third elsewhere in Europe, with the remaining outside of the EU.

Among the market forces driving these measures is the need to compete with GE, regarded as a nimbler company that earns twice as much on a per-worker basis. (Note that last week, DOTmed News reported a layoff at GE Healthcare in Wisconsin. Story at http://www.dotmed.com/news/story/6360.)

In November 2007, Siemens posted its first loss in six years, prompting a management consolidation and integration of operations into three areas: energy, industry, and healthcare. No specifics have been reported on the possible healthcare employee impact of the potential downsizing plan.

Siemens, based in Munich, employs more than 400,000 in 190 countries. The company's labor representatives and management will meet Monday, July 7 and confirmation and details may become available at that time. We will keep you posted.

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