TRIMMING EXPENSES: Boston Scientific is cutting up to 1,000 more jobs in addition to the 1,200 to 1,400 positions it outlined in a 2011 restructuring plan. The company employs 24,000 people worldwide.

THE GOAL: The medical device maker expects to reduce annual operating expenses, before taxes, by about $340 million to $375 million by the end of this year. That includes expected savings of $100 million to $115 million from the additional restructuring measures announced Tuesday.

IN OTHER NEWS: The company also reported fourth-quarter results and a 2013 profit forecast that exceeded Wall Street expectations.