Medrad Inc. has laid off more than 60 of its nearly 1,400 workers in the region, part of parent Bayer AG's earlier announcement that it would eliminate about 4,500 jobs worldwide.
Medrad let go of workers from production to management ranks at its Marshall headquarters and its three local manufacturing plants on Dec. 7, said spokeswoman Luanne Radermacher on Thursday. She said federal health care reforms caused fewer imaging procedures, which hurt the medical device maker's revenue. Medrad is a unit of Bayer Corp., which is part of Bayer AG of Germany.
It is not yet clear how many more of Bayer's 4,500 job cuts would be in North America or in the Pittsburgh market, where Bayer Corp. employs about 2,700, including Medrad, said Bayer Corp. spokesman Bryan Iams.
