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Report: Dexcom cuts California jobs in manufacturing, R&D shift
Dexcom (Nasdaq:DXCM) is reportedly relocating manufacturing operations amid a shift that eliminates more than 500 positions in San Diego.
The San Diego Union-Tribune reported that the company plans to keep its headquarters in San Diego. However, its decision to move manufacturing to Arizona signals that Dexcom outgrew its facilities in San Diego. The move takes manufacturing to Dexcom’s Mesa, Arizona manufacturing facility.
In total, the shift cuts 536 manufacturing employees from Dexcom’s San Diego operations, according to the report. That equals about 15% of the company’s U.S. manufacturing headcount.
The report also says some workers can apply for manufacturing roles in Arizona with relocation assistance. The move leaves Dexcom with 2,400 employees in San Diego, the San Diego Union-Tribune said.
Get the full story at our sister site, Drug Delivery Business News.
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