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Cook Medical

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business2 years ago•3 min saved

Cook Medical Cuts 75 Jobs in Monroe and Surrounding Areas

Cook Medical is reducing its global workforce by 4% as part of a five-year plan, affecting about 500 jobs, 123 of them in Indiana. The job cuts affect internal support and customer-facing roles such as information technology, human resources, sales, and marketing. The company is not cutting any hourly manufacturing or distribution employees. Cook Medical's customers, including hospitals and physicians, have made changes in the post-pandemic world, and Cook has needed to make adjustments to supply chains and other areas of operation. The company is focusing on product development and has an incredible pipeline of products coming.

via The Herald-Times|

#business #cook-medical #innovation

business2 years ago•12 min saved

Companies Build Affordable Housing for Employees to Combat Housing Crisis.

Cook Medical, a medical device manufacturer in rural Spencer, Indiana, is building hundreds of homes to sell to employees at below-market prices to address the affordable housing shortage and retain middle-income workers. The first 14 homes of a larger subdivision being built in Spencer, called Pike Place, will be ready for occupancy this summer. Cook is offering these homes to employees at below-market prices, and the company held homebuying workshops to help interested employees prepare and connected them with local banks that could finance a mortgage.

via NPR|

#affordable-housing #business #cook-medical