[Editor’s Note: A version of this article originally appeared on Medtech Insight on 10 January. It has been updated to include comments from Nevro executives at the J.P. Morgan Health Care conference on 11 January.]
JPM 2024: 'It's Really Around Focus.' Nevro Announces Restructuring Including 5% Staff Cut
Nevro will lay off 63 people to save at least $14m a year. Most of those savings will be reinvested to cover increases in normal operating costs, merit pay increases and other expenses related to the recent acquisition of Vyrsa.
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