"Zimmer Biomet's Layoffs Impact Company Staff"

Zimmer Biomet has announced a restructuring plan to enhance operational excellence, commercial focus, and collaboration, which includes reallocating investments and resources to drive long-term growth. As part of this plan, the company will reduce its global team by approximately three percent, affecting over 18,000 positions. Zimmer Biomet aims to simplify its processes and structure while remaining confident in its ability to execute its mission of alleviating pain and improving the quality of life for people worldwide.