The Morning Journal (Lorain, OH)

Invacare to cut 110 positions

Elyria/North Ridgeville campus to lose 50

- By Briana Contreras bcontreras@morningjou­rnal.com @MJ_Bcontreras on Twitter

Invacare Corp on Dec. 7 announced cuts affecting jobs across North America.

Invacare eliminated 110 jobs, including 50 at the company’s headquarte­rs at the Elyria/North Ridgeville campus, according to spokespers­on Lara Mahoney.

The layoffs do not affect hourly associates at the Elyria manufactur­ing facility. Mahoney said the broad range in cuts — from customer service representa­tives, administra­tive positions, managers and more, leaves the headquarte­rs with 540 associates. She said Invacare is still hiring employees at the manufactur­ing facility.

Through the last few years, Invacare has been going through a transforma­tion in its North American business, Mahoney said. The company is a leading manufactur­er and distribute­r for medical equipment and has cared for people with a wide range of challenges.

She said the reduction is expected to generate approximat­ely $8.5 million in annualized pre-tax

savings. The company has been executing a multiyear strategic transforma­tion of its overall approach to quality, product mix, commercial execution, supply chain and engineerin­g.

Mahoney said they are launching their new TDX Superior Performanc­e power-wheelchair and a new portable oxygen concentrat­or.

“Invacare is making good progress in its North America transforma­tion. This reduction in force, while difficult, is an essential part of the second phase of our transforma­tion toward becoming a more sustainabl­y profitable, growing business,” said Matthew E. Monaghan, chairman, president and chief executive officer. “We are realigning our North America infrastruc­ture with our new sales levels and finding more efficient ways to do business. Through this action, we are empowering employees to drive simplifica­tion and enhance customer engagement. We expect the result to lead to improved cost-effectiven­ess as we pursue growth.”

Mahoney said that making reductions is never an easy thing to do. However, she noted that all employees that have been have been laid off received transition assistance packages, severance outplaceme­nt services and other benefits.

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