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Welch Allyn to lay off about 10 percent of its work force

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CNY/NNY/S. Tier: Welch Allyn to lay off about 10 percent of its work force
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They bucked the trend during the recession, expanding their Skaneateles plant, but now Welch Allyn says economic conditions call for layoffs. The company announced the news Monday afternoon. Iris St. Meran has more.

SKANEATELES, N.Y. -- Another major employer in Central New York is scaling back its workforce. Welch Allyn has announced plans to lay off about 10 percent of its employees over the next three years. That adds up to about 275 jobs globally.

The Skaneateles-based company says it hopes to achieve most of the cutbacks by offering buyout packages to current employees.

Right now, they anticipate having to make about 45 involuntary cuts locally, but say more will be necessary if enough people don't accept the offer.

Welch Allyns' president says the company has been struggling to deal with the new tax increases contained in the Affordable Care Act, specifically the 2.3 percent excise tax on medical devices.

Welch Allyn is a leading manufacturer of frontline medical diagnostic equipment and health care products for physicians, hospitals, emergency medical services.

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