Smith + Nephew set to layoff over 150 Memphis employees
by: Raven Moore
MEMPHIS, Tenn. — Smith+Nephew has confirmed that they will be laying off over 150 Memphis employees.
The company’s orthopedic division employs over 2,000 people in the city.
The company provided the following statement to WREG:
Smith+Nephew is working to transform to a more efficient, effective and agile business. As we make improvements to our business efficiency in Memphis we have identified some activities that are no longer required to be delivered as they are today. Unfortunately, this has meant that we are making around 150 roles redundant and most will transition by year end. The impacted colleagues are being treated with dignity and respect, in line with our values.”
Smith+Nephew Spokesperson
The company did not say when the layoffs would go into effect.
Since 2022, Smith+Nephew has announced the closure of four smaller orthopedic facilities outside the United States.