In the news: The medical technology company announced an extension of its 2011 restructuring program, which will mean a further workforce reduction of 900 to 1,000 employees company-wide, bringing total headcount down by about 2,400, or about 10 percent. The company also released its fourth-quarter and year-end financials.
Pres., CEO: Mike Mahoney
2012 revenues: $7.249 billion, down 5 percent from 2011
2012 net loss: $4.068 billion or $2.89 per share.
Total employees: 24,000
Regional operations: Maple Grove, Plymouth and St. Paul
Regional employees: approximately 5,000 in Minnesota