Dexcom, a glucose-monitoring company based in San Diego, is laying off 350 employees.
The company announced Wednesday that it was cutting 3% of its global workforce. Of the 350 laid off, 196 workers were based in San Diego. Most of the San Diego employees affected were in operations and manufacturing.
“Dexcom is taking proactive steps to position ourselves for long-term success through strategic changes to our organizational model and operating structure. This includes a reduction in force as we realign our structure to enhance our ability to deliver on our commitments,” a Dexcom spokesperson wrote in a statement to The Times.
The layoffs follow the company’s recent move to manufacture outside California. Last year, it announced a shift to centralize manufacturing in Arizona and elimina