DUBLIN, Ohio (Dec. 15)—Medical products maker Cardinal Health Inc. will trim about 7 percent of its work force and close 25 offices as part of a restructuring program put in place earlier this year.
The company, which employs about 58,000, aims to improve earnings by about $500 million annually by cutting 4,200 jobs, many of them at its 140 manufacturing and distribution operations. Of those reductions, 1,000 jobs will be eliminated when Cardinal Health closes or sells a natural rubber latex surgical glove factory in Penang, Malaysia, within the next 18 months, the firm said last week.
The plant is Dublin-based Cardinal Health's last remaining examination glove facility, a spokeswoman said. The firm plans to outsource production of the gloves.