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Boston Scientific to shed 175 jobs.

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    #32
    fuelinjection
    Closed Accounts Posts: 458 ✭✭fuelinjection


    maninasia wrote: »
    This is a normal part of ups and downs of these companies. This industry is highly regulated, niche experience based and capital intensive. They can't just build a plant somewhere else overnight, even if they did it's very risky due to chance of f^&kups in production and QC.

    Capital intensive ?
    No.

    Just ask Dell, their Polish factory was already built before the redunancies in Limerick were announced. You are codding yourself if you think the factory and jobs cannot be done anywhere else and started within 2 months. I have seen it happen abroad. QC is a European invention, usually when factories are established and they have spare staff around to do QC.


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    #33
    Webbs
    Registered Users Posts: 1,645 ✭✭✭Webbs


    fuelinjection wrote: »
    Capital intensive ?
    No.

    Just ask Dell, their Polish factory was already built before the redunancies in Limerick were announced. You are codding yourself if you think the factory and jobs cannot be done anywhere else and started within 2 months. I have seen it happen abroad. QC is a European invention, usually when factories are established and they have spare staff around to do QC.

    I am only coming at this from a laymans point of view but surely that cant be right. Now it may apply in the case of Dell as if a computer breaks down well Ok you get a new part, but a medical device? are you telling me that devices made in other parts of the world are not checked for quality etc?


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    #34
    Das Kitty
    Moderators, Arts Moderators Posts: 17,231 Mod ✭✭✭✭Das Kitty


    fuelinjection wrote: »
    Capital intensive ?
    No.

    Just ask Dell, their Polish factory was already built before the redunancies in Limerick were announced. You are codding yourself if you think the factory and jobs cannot be done anywhere else and started within 2 months. I have seen it happen abroad. QC is a European invention, usually when factories are established and they have spare staff around to do QC.

    LOL.

    To sell medical devices a company needs approval from the regulatory body for that territory. This is granted after a quality audit of the manufacturing plant and assessment of the development of the product and clinical trial results. QC is massively important because even a small slip up could cost a patient their life, devalue the company name, affect sales and cost jobs. Anyone who's had to deal with FDA auditors will know how important quality is in the medical device business.

    Galway plants are known to be excellent at getting the FDA's approval even where American plants have failed and because of this new products are often given to Galway to complete out the R&D phase and start production. The government incentives brought the companies here but it's the excellent quality record that keeps them here.


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    #35
    Thargor
    Registered Users Posts: 17,942 ✭✭✭✭Thargor


    FDA are very particular alright, kind of strange when you think an American agency can just bust in and do surprise audits and inspections on Irish soil like that, price you pay for access to the American market though.


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    #36
    Starie1975
    Registered Users Posts: 570 ✭✭✭Starie1975


    Thargor wrote: »
    FDA are very particular alright, kind of strange when you think an American agency can just bust in and do surprise audits and inspections on Irish soil like that, price you pay for access to the American market though.

    FDA audits do give warnings of audits. I never see a surprise audit in the Medical device Company I work in.

    Each area has there own audits, i.e. Japan, EU, USA so if say you fail the EU audit you can still sell in the other regions.


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    #37
    Starie1975
    Registered Users Posts: 570 ✭✭✭Starie1975


    Not looking good in Boston.

    http://247wallst.com/2010/03/15/no-signs-of-intelligent-life-at-boston-scientific/


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    #38
    fergiesfolly
    Registered Users Posts: 3,385 ✭✭✭fergiesfolly


    different type of product to the ones made in Galway and although bad for company,should have little or no impact on the plant here.


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    #39
    Wompa1
    Registered Users Posts: 8,173 ✭✭✭Wompa1


    fergiesfolly wrote: »
    different type of product to the ones made in Galway and although bad for company,should have little or no impact on the plant here.

    I don't know about that, if they are 6 billion in debt I think it might.


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    #40
    Carolyyn
    Closed Accounts Posts: 125 ✭✭Carolyyn


    fergiesfolly wrote: »
    different type of product to the ones made in Galway and although bad for company,should have little or no impact on the plant here.
    Starie1975 wrote: »
    Not looking good in Boston.

    http://247wallst.com/2010/03/15/no-signs-of-intelligent-life-at-boston-scientific/


    God that article makes very scary reading for anyone working in Boston.
    I know of 2 people with many years experience who were let go recently and they say there are ongoing cuts there at present.


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    #41
    alibabba
    Registered Users Posts: 1,240 ✭✭✭alibabba


    fergiesfolly wrote: »
    different type of product to the ones made in Galway and although bad for company,should have little or no impact on the plant here.

    wishful thinking.
    if a company is bleeding cash it will do all it can before it bleeds to death. Im sure the overheads in Galway are a tiny bit higher than overheads in Costa Rica.


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    #42
    brianthebard
    Closed Accounts Posts: 16,165 ✭✭✭✭brianthebard


    Jack Daniels I wrote: »
    65 more jobs to go now.mostly higher level but 20 further product builders on top of 175.2 plants now opened in Costa Rica,not looking good.would be a disaster for galway

    Yes its actually around 300 people being let go from Galway, although they aren't putting that information out to the public for some reason...


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    #43
    Amhran Nua
    Closed Accounts Posts: 4,124 ✭✭✭Amhran Nua


    brianthebard wrote: »
    Yes its actually around 300 people being let go from Galway, although they aren't putting that information out to the public for some reason...
    Same thing happened with Nortel when it went under.


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    #44
    cooperguy
    Registered Users Posts: 2,650 ✭✭✭cooperguy


    fuelinjection wrote: »
    Capital intensive ?
    No.

    Just ask Dell, their Polish factory was already built before the redunancies in Limerick were announced. You are codding yourself if you think the factory and jobs cannot be done anywhere else and started within 2 months. I have seen it happen abroad. QC is a European invention, usually when factories are established and they have spare staff around to do QC.

    You really cant compare Dell to Boston Scientific!! Dell just clips computer chips into PC cases. Low skill and easily moved anywhere. If you move a workstep from one line to another in the same building in somewhere like Boston it has to be qualified and a mountain of documentation produced! Moving an entire factory takes alot of time and money. Not to mention getting the skilled support staff etc.

    QC is also essential in Medical Devices!! Saying its a european invention is ridiculous!!


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