Bothell-based medical-device manufacturer Cardiac Science has notified the state Employment Security Department it will lay off 54 employees this summer.
The move comes four months after Opto Circuits of India acquired Cardiac for roughly $55 million.
Cardiac Chief Operating Officer Bob Odell said local jobs in finance, customer support and order entry are being moved to Waukesha, Wis., to be consolidated with another Opto subsidiary, Criticare Systems.
“The jobs are moving but haven’t been eliminated or outsourced to India or anything,” he said. “We’re reducing the footprint in Bothell, but certainly it’s not going away.”
Cardiac, which was a small publicly traded company before its sale to the much larger Opto, makes automated external defibrillators for reviving people in cardiac arrest, as well as making testing and rehabilitation equipment for heart patients.
Odell said Cardiac expects to retain “somewhere between 75 and 100″ people in its Bothell headquarters, working in regulatory affairs, marketing and engineering.
http://seattletimes.nwsource.com/html/businesstechnology/2014937520_cardiac03.html
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