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ReNu Lawsuits and Class Actions : ReNu Eye Infection Blog Home : October 2006 : 2006-10-02 to 2006-10-08

Bausch & Lomb Cuts 400 Jobs

Bausch & Lomb (BOL) had hired temporary workers to ramp up production of its PureVision contact lens. The company said changing business conditions account for these latest adjustments. Plants affected by the cuts are in Waterford, Ireland; Livingston, Scotland; and Rochester, N.Y. The company did not say whether the reductions would affect results.

Earlier this year, Bausch & Lomb's key ReNu with MoistureLoc contact lens solution was recalled, which is expected to put a dent in 2006 results by at least $50 million. The company has also been struggling with various internal accounting and tax issues and has delayed filing its audited financial results. (BOL News from Market Watch)

Bausch & Lomb Outlook Bleak from ReNu Recall

Bausch & Lomb Inc. is in for slower growth from new competition, a weak pipeline, financial troubles, and a recent product withdrawal, ReNu with MoistureLoc contact lens solution.In May 2006 Bausch & Lomb withdrew its ReNu with MoistureLoc contact lens solution... (Read Article)

2006-09-11 to 2006-09-17 «  » 2006-10-09 to 2006-10-15